WHAT IS BITCOIN?
Technically speaking, 'Bitcoin'a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.It is a new currency that was created in 2009 by an unknown person(or people) using the alias "Satoshi Nakamoto". Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More and merchants are beginning to accept them across different platforms, majorly for online payments/transactions. Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally. However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized . No single institution controls the bitcoin network. This puts some people at ease, because it mean