Assets, Bitcoin

What Is BTS Bitcoin?

BTS Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. 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 using the name Satoshi Nakamoto and released as open-source software in 2009.

NOTE: WARNING: BTS Bitcoin is a new cryptocurrency that is not yet regulated or approved by any government or central bank. Therefore, it is highly risky and speculative to invest in this digital currency. You should do your own research and consult a financial advisor before investing in BTS Bitcoin. There is no guarantee that you will be able to make a profit from your investment, and you may even lose all of your money if the currency loses value.

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.

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