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Bitcoin FAQ’s

by GoldMentor
Q: What exactly is Bitcoin and how is it different than regular money?A: Unlike regular money, such as USD, there is no central government that can manipulate cryptocurrency such as Bitcoin. Bitcoin is a shared worldwide currency that can be used by anybody in any country and it uses highly advanced cryptography technology to keep your funds secure. Additionally, transactions are anonymous, yet the transactions are all recorded on a public ledger for accountability. Q: What does ‘decentralized’ mean and how does it benefit cryptocurrency? A; Decentralized means that there isn’t one source of power that can manipulate the currency […]
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