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Bitcoin News 1

  


 Bitcoin Directory


# What is Bitcoin?

=Bitcoin is a decentralized  currency created in 2009. Bitcoins are operated free of any central control or the oversight of banks or governments. Instead, Bitcoin relies on peer-to-peer software and cryptography. 


#how to make money, or how does Bitcoin make money?

=By mining , anyone can earn Bitcoin without having to put down money for it. Bitcoin minors receive Bitcoin as a reward for completing blocks of verified transactions, which are added to the blockchain.


#Bitcoins are legal or or illegal?

=Despite Bitcoin's use for buying goods and services, there are still no uniform international laws that regulate Bitcoin. Several developed countries allow Bitcoin to be used, such as the U.S, Canada, and the U.K, while several countries have made it illegal to use Bitcoin including China and Egypt.


#Can anyone buy a house with Bitcoin?

=Yes, of course. Anyone can buy real estate property by using Bitcoin. The person will have to conduct a wallet-to-wallet transaction or leverage Bitpay's crypto to fial services.


#Can Government Stop Bitcoin?

The answer is NO, The U.S Government can't shut down cryptocurrency market, but they can regulate it.

Are Bitcoins a good investment?

=There is no denying that owing Bitcoins have been extremely profitable during its short history. Bitcoin's value has increased from$1 to $68,000 at times in 2021. Bitcoin has been rapidly gaining popularity.


Can anyone convert Bitcoin to cash?

There are two main methods to change Bitcoin to cash and get it to bank account. Firstly, you can use a third party exchange broker. And the second way, you choose peer-to-peer transactions to sell your Bitcoin.