Guide to Bitcoin For Bners And Novices : Bitcoin is a digital currency (cryptocurrency)
English | 2021 | ISBN: B09DPWB2MD | 27 pages | PDF,EPUB,AZW3 | 667 KB

Bitcoin is a digital currency (cryptocurrency) which is independent of any country or geographical entity & can be used by anyone who is connected to the internet.

Like the way you store your money in your wallet or a bank, bitcoins are stored in "Bitcoin wallets". Everything is done electronically & no fiat money (like the US Dollar, INR, YEN, or any other paper currency) is involved.
To spend or receive bitcoin, you use your Bitcoin wallet. Every Bitcoin wallet can have one or more "wallet address". This is a unique internet address to ensure the anonymity of transactions which helps keep you safe. You can use a unique wallet address for every transaction you make.
You can install a Bitcoin wallet on your computer or mobile phone. Upon installation, it will generate a Bitcoin wallet address & you can use that address for receiving bitcoin from anyone and anywhere in the world



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