MOST OF YOU WOULD WANT TO KNOW THE MEANING OF DIGITAL CURRENCIES BUT FIRST WE WOULD USE THE FIRST DIGITAL CURRENCIES CALLED BITCOIN THAT IS MAKING WAVES AROUND THE GLOBE AND THE ONLY DIGITAL COIN THAT CHANGES THE WAY WE VIEW MONEY














(1)WHAT IS BITCOIN AND HOW DOES IT WORK

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
BEFORE YOU MAKE TRANSACTION OR BUY ANYTHING YOUR SELLER MUST HAVE A BITCOIN WALLET CALLED BLOCKCHAIN WHICH YOU MUST HAVE BEFORE YOU AND THE SELLER TRANSACT BUSSINES











Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. 


LEDGER STATUS: 3 January 2009 (11 years ago)
SUPPLY LIMITS: ₿21,000,000
INITIAL RELEASE: 0.1.0 / 9 January 2009 (11 years ago)
LATEST RELEASE: 0.19.0.1 / 24 November 2019 (2 months ago)
CIRCULATING SUPPLY: ₿17,754,100 (as of 11 June 2019)
Founder: Satoshi Nakamoto

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