Hello people of steemit,
This is part 2 of introduction to bitcoin,if you haven't seen part 1 i recommend that you check it out as it is the basics of Bitcoin.Ok, so by now most people are fine, maybe only a few understand that Bitcoin is virtual cash that’s generated by computers, lives on the internet and is used to purchase real and digital stuff online and in person.
Bc users can purchase thousands of legal items on the straight and narrow with the controversial cryptocurrency, like tickets to a football Game, fresh beef in Australia or even tuition for the University of Nicosia. And before the takedown of Silk Road, people reportedly swapped bitcoins for countless shady illegal goods, including dime bags of WEED, stolen guns, forged documents and possibly even hitman services.
More Facts on ethereum?
Ethereum is a rising star of the cryptocurrency world. Closing in on the original digital currency bitcoin, it has swiftly become the second most valuable of the new payment methods.
After it was launched in 2015, the value of ether value has increased more than 2,300 per cent in the past year and one ether is now almost $300.
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