What is Bitcoin? Perhaps many of us still do not understand about Bitcoin. The recent sale and purchase transactions on the Internet have indeed grown so immediately. Not simply in the process of increasingly diverse transactions, bitcoin wallet Australia now also has emerged a new virtual currency called BitCoin. Maybe some of you there who do not know even new first heard his name. But since it was introduced in 2009, this unique currency is, in fact, becoming used by some of the e-commerce actors in the world. BitCoin is a virtual currency that can be used to transact online. If asked how this form of currency, which is clearly not in the form of physical currency issued by a bank and not the currency of a country. The shape of this unique currency is just a file like common files. The file is an encryption of the unique codes that make it different from each other. And like any mp3 or word file you have on your computer device, BitCoin files can also be stored in a computer or a flash disk or software called BitCoin Digital Wallet. In addition, BitCoin can also be stored in Australian bitcoin wallet storage service in the form of a social cloud. According to some sources, the history of the birth of BitCoin began in 2007. A computer expert tries to develop a new virtual currency system model that is not bound by any party or authority. The man was named Satoshi Nakamoto. The man from Japan admitted to developing BitCoin for 2 years and began to release it in the internet world in 2009 and eventually spread to date.
If asked how the value and the spread of BitCoin currency. Regarding the current distribution of BitCoin has spread almost all over the world. But there are some countries that have flatly rejected the use of BitCoin currency as an online transaction tool. These countries include China and Singapore, the country does reject the use of BitCoin as a legal buying and selling tool because of its unsafe nature. Besides BitCoin is also feared will have an adverse impact on the stability of online transactions in the country. Regarding the BitCoin value, if it is quoted in US dollars, some parties state that the prevailing price of 1 BitCoin or 1B (symbol BitCoin) is worth $ 195 dollars. But the value will continue to change in accordance with the existence of the number of BitCoin that exist today. Until now it is estimated there is 21 million BitCoin which increased 25 BitCoin every second worldwide.