- According to Google's Database Search history, the most searched items in Google in last December 2017 were "Hurricane Irma" and the second place goes to "Bit Coin".
- The person who proposed Bit coin was declared his name a Satoshi Nakamoto, but actually no one exists on this name.
- Bit Coins are also known as Cryptocurrency, a digital money established in 2008.
- It is actually an electronic payment system which is based on mathematical proof.
- Bit coins doesn't involve any banks or payment gateway's or any third party vendors.
- If you have any bit can, you can give it to someone like sharing your money to your brother in hand.
- Current value of 1 Bitcoin in US dollars are $9246 as per today's date(4th Apr 2018).
- Hackers demands money for their hacking in terms of bit coins.
- Anyone can exchange cryptocurreny(bit coins) for cash.You can use your bitcoins to purchase goods and services online.
- Bit coins are irreversible, that if the transactions are made, there would be no place for re-do or Undo.
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Monday, April 30, 2018
Bit Coins - Surprising Truths
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