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Bitcoin
The history of the ruble
The best economies in the world
Types of economic systems
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The most successful swimmer of all times
The Winter Olympics in Sochi
The greatest Russian wrestler Aleksandr Karelin
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Bitcoin is a cryptocurrency that was launched in 2009 by a Japanese program developer. The real name of that person is not known. Furthermore, it is difficult to identify whether it is one man or group of people. In contrast to material money, which is released and controlled by government, there is no central organization, which manages Bitcoin. If you want to send or receive these digital money, you can easily do it. Giving your personal information or location is needless.
Bitcoins are virtual currency. The buying process is carried out in exchanges, where you can trade them for real money.
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Customers should save their bitcoins in an internet wallet, a kind of software that manages your virtual money. Consequently, you are able to buy goods from merchants who accept bitcoins. You can also sell items and get bitcoins in return. You need to use your special bitcoin address when shopping. Bitcoin is a way of selling and receiving money anonymously. But most of the governments are unhappy about that invention. They see it as a good way of transferring money from illegal activities.
The value of bitcoins is proved by their popularity in the world and their safeness. If the number of users increase, then the price of currency will go up. On the other hand, scandals around Bitcoin has made the value of the digital currency go down.
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