an introducing to what is bitcoin

INTRODUCING BITCOIN

What is Bitcoin?Bitcoin is a form of digital currency, created and held

electronically. No one controls it. Bitcoins aren’t printed, like

Dollars or Euros.

BITCOIN IS A GLOBAL PAYMENT NETWORK,

People store the coins online, or on any device they choose, and can use them to make payments

just like they would with a credit card.there are no charge backs and no hidden

fees.

HOW DOES BITCOIN WORK?* From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and enables a user to send and receive bit coins.* Behind the scenes, the

Bitcoin network is sharing a massive public ledger called the "blockchain". 

How to Store Your BitcoinsBitcoin wallets store the private keys that you need to access a bit coin address and spend your funds. They come in different forms, designed for different types of device. You can even use paper storage to avoid having them on a computer at all. Of course, it is very important to secure and back up your bitcoin wallet.

Bitcoin is Decentralized

Its Easy to Setup

Bitcoin is Anonymous

Infinitesimal Transaction Fees Processing is Very Much Fast It’s Non-Repudiable

CHARACTERISTICS OF BITCON

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