Currency Bitcoins and Blockchains
Words: 1413 Pages: 5 5206Bitcoin is a currency, like euros or dollars, used to exchange goods and services. However, unlike these currencies, Bitcoin is an electronic currency that exists exclusively on the Internet. It gains prestige in cyberspace thanks to its efficiency, security, and ease of exchange. Its main difference compared to other currencies is that it is a decentralized currency, whose value does not depend on the interest rate set by a Central Reserve Bank or its reserves in commercial banks. Bitcoin is […]