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What's the use of bitcoin?

Bitcoin was proposed by Nakamoto on November 1, 2008, and was born on January 3, 2009. Bitcoin is a virtual encrypted digital currency in the form of P2P, with decentralized point-to-point transmission.

What's the use of bitcoin? Bitcoin is not controlled by banks in various countries, and its issue quantity is limited. In 2010, it was 20 cents a piece. Up to now, according to golden finance, it has exceeded 62999.91 US dollars, equivalent to 412145.47 yuan

Speaking of this, let's talk about its use. Its use lies in the fact that it is recognized all over the world. To put it bluntly, when it comes to some non tradable currencies, its value is reflected here.

What benefits can it bring? In 2010, someone spent 1000 bitcoins just to buy a pizza. At that time, the price of bitcoin was only 0.03 cents. The advantage of bitcoin is that many people saw its price. Some time ago, I saw a news that a family lost 20 million in speculation on bitcoin and jumped off a building to commit suicide. Here I want to tell you that we should be cautious in investment and buying coins .

(2021-4-16)

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