Assets, Bitcoin

Is BC Bitcoin Legit?

Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

NOTE: WARNING: Do not invest in BC Bitcoin without first researching the company and its legitimacy. It is important to remember that there is always a risk involved when investing in cryptocurrencies, and this is especially true for potential investments in BC Bitcoin. Be sure to use caution and conduct thorough research before making any investment decisions.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment.

According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Previous ArticleNext Article