Basics About Bitcoins You Need To Know
We all are aware of physical currencies that we use on a daily basis. We use our notes or coins to buy several goods. Now, the principle working behind these exchanges is, there is a governing authority which has marked the notes and the coins with certain values. The exchange of these physical entities actually refer to the exchange of the values they represent. For example, we buy a 10 rupees pen in exchange of a paper which carries the value of Rs 10. There are several such physical currency systems prevalent in different countries. Also, the exchange rates between such currencies varies with the systems being taken into consideration. Now, apart from these real world physical currencies there exists a currency system which has it’s existence only in the digital world. And in order to make you aware of this amazing system we have brought to you, Basics About Bitcoins You Need To Know. Basics About Bitcoins You Need To Know Bitcoin is basically the first decentralized digital cur