Know what bitcoin is in just 2 min!

It’s a digital currency which is not printed like Dollars and Pound. There’s no single institution that controls bit coin network.

Some of the important characteristics are:

  • It’s portable
  • It’s divisible
  • It’s cheap and there’s no chargebacks
  • It’s anonymous
  • Transition fees are miniscule
  • It’s non-repudiable

To know more about how bit coins are produced and how it is used watch this video.