Capital Street Fx

  WHAT IS BITCOIN? Bitcoin is a digital currency created in January 2009 following the housing market crash. It follows the ideas begun during a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.  The identity of the person or persons who created the technology remains a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, There are not any physical bitcoins, only balances kept on a public ledger that everybody has transparent access to, that – alongside all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins aren’t issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being tender, Bitcoin charts high on popularity, and has triggered the launch of many other virtual currencies collectively mentioned as ALTCOINS How Did Bitcoin Become so Popular? Bitcoin was the primary digital...