Bitcoin is a decentalized crytpo currency coin. Bitcoin has a peer to peer systeem and also can be traded on the tade exchange for cash. Bitcoin can also be transfered throug a bank account or a bitpay debit card.
Bitcoin is a form of cryptocurrency — or encrypted currency — that enables anonymous, independent, and non-regulated transactions. Cryptography allows for the secure ownership of the currency, which means that Bitcoin’s users can control the creation and transfer of money. Such a degree of privacy in transactions has helped Bitcoin gain a foothold as an alternative currency.
Decentralized means that a network of users control and verify transactions instead of a central authority such as a bank or government doing so.
Bitcoins are stored in a hard wallet which is a nano or a online wallet like coinbase . Transfers are done by wallet addresses which keeps track of each transcations with a code. You can view each transactions online or thru bitpay debit card
94 restraunts across the usa accept bitpay (bitcoin)
Over stock
Expedia
Subway
Quiznos
Steamrollers
Bugerking
And many more just to name a few