Bitcoin’s U.S cost proposition is better than UK due to regulatory uncertainty

in #investing2 years ago

Bitcoin is an online currency that has been around since 2009. It is a form of digital currency that can be used to purchase goods and services. There are currently more than 1,600 different cryptocurrencies in circulation and Bitcoin is one of the best known.

Over the past few years, bitcoin has become more popular, especially among millennials and tech-savvy people who have heard about it and want to invest in it. But what exactly is bitcoin? How it works? And how can you buy it?

Bitcoin is a digital currency, like any other currency you can use online or in person (cash). It works by using cryptography to secure transactions, rather than going through traditional banks or other financial institutions.

The process of buying bitcoin works like any other online transaction: you visit the website and enter your information (such as address and phone number) to verify before making the purchase. You will then receive an email receipt confirming your purchase and notifying you of the amount transferred from your account to another.

There are two ways to buy bitcoin; or use a cryptocurrency exchange where you can exchange your local currency for digital currency; or use an online wallet service