What is Bitcoin and how it's going to change the world's Financial Structure
Bitcoin which is a digital currency growing at a very fast pace. It has numerous benefits which is not available in current financial structure but it also has some flaws. will this currency is going to be our mainstream currency ? or it is just a hype ? Bitcoin is a Digital Currency and a payment system which was created by a programmer name Satoshi Nakamoto. It was introduced in October 2008. Bitcoin is the first decentralize cryptocurrency where no physical paper and bank was required in order to make the transaction. This is what it makes so popular and robust itself which predicts it’s upcoming future. Most of the flaws which we currently have in our monetary system can control under bitcoins. For example like our current biggest problem in the economy is fake currency where we can print paper currency more than it’s actual value and we don’t have any control over it . In Bitcoins this is not possible because we already know there are 21 billion bitcoins we can e...
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