We are living in a digital era, wherein things are changing at a very fast pace, and so is the demand for more innovative mode of operations. With Bitcoin, the world got to know about decentralization. Bitcoin is a digital currency or asset that functions without any central authority supervising its transactions. This makes the…
The digital money, Bitcoin, was created with the idea that anyone with an internet connection, living anywhere in the world, can do transactions with any person across the globe 24×7. This was possible due to the basic principle on which the cryptocurrency is based. Decentralization enables you to trade without any central authority involved. This…
The introduction of Bitcoin in 2009 took the world by surprise. It was a concept unheard of. Fiat currency was the only commodity that had been in use since time immemorial for all types of economic activities all across the world. The economic world was governed by regulations and followed a certain structure. Each country…
In recent times, Bitcoin is increasingly being accepted by major financial institutions worldwide. Governments are proposing to legislate laws to regulate the commerce of Bitcoin. From global conglomerates to local businesses, businesses of all sizes are gradually incorporating Bitcoin into their transactions. Earlier institutional investors stayed away from Bitcoin as they did not consider it…
