Becryptive February blog

Becryptive February blog

Posted on 15th, Sep 17
Becryptive February blog

Bitcoin is a decentralized digital currency that was released in 2008 by the unknown developer Satoshi Nakamoto. The identity of the person or persons who created Bitcoin is still anonymous and a big mystery. This digital currency only exists on the internet and is not governed by a single entity or any kind of institution responsible for the value. The significant promise of BTC, the abbreviation of bitcoin, is lower transaction fees than traditional online payment mechanisms and big banks. This ensures a direct payment or exchange from person to person and no third party is involved, such as a bank sending the transactions. Furthermore, Satoshi Nakamoto created 21 million bitcoins. The numbers of bitcoin will never exceed to tackle inflation or manipulation by anyway.

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