What is Bitcoin?
Bitcoin is a form of cyber currency.
Like other currencies, Bitcoin does not have any authority that governs it.
Bitcoin operations are enabled on thousands of computers spread throughout the world, Anyone can enable bitcoin transactions by downloading a special application.
History of Bitcoin.
Bitcoin is the first Currency that was introduced in 2008, but started to be used in 2009,
This system enables any user to send or receive using the internet.
One of the things that makes Bitcoin attractive to many people
-Inability to be interfered with (hacked) or destroyed.
-Transactions in this system can be done at any time.
- Do not allow money to be used more than once (double spending).
-Also the freedom to make transactions because there is no authority that controls this system.