Review on Bitcoin by Arzuman Alizada
Bitcoin nowadays
It is the first representative of Bitcoin-cryptovalyutan. This coin was first issued in 2008. In 2009, it was first requested by S.Nakamato tərəfində. Today, there are 2150 bitcoin titles. ..According to some, bitcoin is an excellent tool in the economy, a similar decentralized phenomenon.
Pros
- Bitcoin can be sold , bitcoin can be exchanged for other currencies
- Bitcoin operation is fully confirmed. We are not original from the size
- Gives its users freedom for their financial situation
- Bitcoin can be exchanged
- Transactions do not require any commission.
Cons
- It can have a big impact on the banking system
- Economists' ideas about this money are not clear
- Managing this currency is not working
- The scale of the decline can lead to dangerous financial pyramids.
- All deposits can be lost in case of bankruptcy or the slightest hacker attack.
- These features of the Bitcoin currency make it a major hurdle for the state to fully regulate the economy.
- This currency has no central issuer or issuer.
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Comments (1)
August 12, 2023
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