What is bitcoin? Bitcoin-o que é biticoin?
Bitcoin is an online, digital currency that does not have a central bank or owner and often refers to a peer-to-peer payment system. Bitcoins are generated through mining. This involves using specific software to solve math problems. When the math problem is solved, the "miner" is rewarded with a bitcoin. These bitcoins can then be exchanged for products and services. Although the number of companies accepting Bitcoins is currently limited, as the currency is making itself known, the number is increasing. Bitcoins can also be bought using other currencies. Bitcoin is also a crypto-currency, which means that it uses cryptography to drive Bitcoins production and Bitcoins operations. This makes the currency extremely safe. The "block chain" which is actually a public book of accounts, is used to verify that authentic Bitcoins are being exchanged in all transactions. They are ben