Bitcoin Fact


SUBMITTED BY: sirdav1d

DATE: June 9, 2016, 12:32 p.m.

UPDATED: June 9, 2016, 12:33 p.m.

FORMAT: Text only

SIZE: 485 Bytes

HITS: 12664

  1. No one single entity controls this currency.
  2. Confusing? Yeah most people think too so at first. The general concept of currency and money is that a bank controls it, that there are rises and falls in its value based on the global market, and that you can physically hold it. Bitcoin defies all of these. It is, in fact, controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe.

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