No, this is not what a Bitcoin looks like! |
Bitcoin
is a virtual currency which does not belong to any country. Its actually the "people's money". There is no centralized authority to control it or devalue or revalue it. This currency will have only 21 million units and can not be further increased. So its a valuable currency. Some people are even saying that Bitcoin will be the next gold. If we see the prices of Bitcoin, then in general they are increasing. At one time it even crossed the value of $1000 per unit! So investing in Bitcoins is a good option. Current rate of a unit of Bitcoin is $600, which of course goes up and down.
Bitcoin Price Chart |
Now you will ask what's the actual use of Bitcoins.