What is Bitcoin (what form of digital currency is Bitcoin)
According to LongHash, Bitcoin is a type of digital asset. In the field of Cryptocurrency, there are mainly two statements: one is asymmetric cryptocurrency assets, the other is a value storage means or unit of account, and the other is point-to-point payment; Another view is that this “Electronic cash” approach also has risks – because it relies on intermediaries. Therefore, Bitcoin belongs to the asymmetric category (i.e. decentralized and anonymous), but is not a true form of currency
What form of digital currency is Bitcoin?
According to media reports, in the months since the birth of Bitcoin, more and more people have begun to pay attention to digital currency. Since 2013, over 4 million people have purchased Ethereum (ETH) worth around $1 million, with a total value of nearly $10 million. Although Bitcoin is currently the only cryptocurrency asset that can be used as a legal currency and has a stable price, its issuer has not conducted any relevant research, and there are not many people involved in its trading behavior.
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