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How Bitcoin Works
Bitcoin is a digital currency that is global and you can use to send or receive as payments directly at high speed and low cost.

Bitcoin n is decentralized and can be used anywhere in the world with country restrictions or limits.

Bitcoin is generated by miners through open-source software in blocks. Mined bitcoins are recorded and verified on the networks known as blockchain, which prevents the bitcoin from being duplicated or fraud. A blockchain contains transaction details and is anonymous since it does not contain senders or recipient personal detail.

you can purchase bitcoins through a variety of ways. Such as bitcoin exchange where you can buy and sell bitcoin with your local currency. Or by selling goods online and accepting bicoin as payment. There is no fee on that.

The bitcoins are then stored in your digital wallet. Digital wallet can be on your desktop which is the mast secure and on the web similar to online banking.

you can send bitcoins to anyone who has a digital wallet directly to their wallet address. Bitcoin is protected from inflation since only certain amount of bitcoins can be created and stopped after that. You can purchase anything online that accepts bitcoin such as electronics, computer, books even online casinos and poker sites. The fees are very low since bitcoin is sent person to person directly with the middle man such as bank instution or payment processor. And bitcoin transactions are fast, instant, secure and anonymous.

Use bitcoin to fund a variety of purchase online such as bitcoin casinos online deposits without currency restrictions and government regulations

 
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