10 facts you need about the digital currency "Bitcoin"

in #news7 years ago

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The most controversial e-currency has returned to the headlines after revealing the name of its founder, one of the secrets of the century, despite its ambiguity. Here are 10 facts about the currency of the "

  1. Digital

Bitcoin is a currency that is equivalent to currencies such as the dollar and the euro. It can be used to buy and exchange objects in traditional currencies, but it is an intangible virtual reality that does not exist in physical reality.

  1. Decentralization

This currency does not govern any institution or government, but rather depends on bilateral interaction between users, without any intermediary, and the makers of the currency through it to revolution in the currency similar to those created by technology in the publishing.

  1. Your wisdom

The currency has its own exchange rate. In the beginning, all of Petcuen was worth two dollars. Today, all of Petcuen is equivalent to $ 11,000. According to rumors, it is worth $ 20,000, making it a giant currency that competes with the Scandinavian currencies. American.

  1. The owner reveals himself

After a long silence, the founder of the currency revealed himself to the media, to show that Australian computer scientist Craig Wright, who gave evidence to that through his blog, the Economist, the BBC and the magazine GQ suggested "his health.

The name of the founder has long been regarded as one of the greatest secrets of the 21st century. The only thing known was that the coin was the creation of an unknown person disappearing behind the name of Satoshi Nakamoto, a Japanese historical figure.

  1. Have supporters

Websites deal with the currency as one of the international approved currencies, including sites for selling hosting services, booking domain names, social networking sites, video and music sites, and various online shopping sites.

Defenders defend it as an anonymous currency.

  1. Opponents

The Australian Federal Police raided the house of the founder of the currency, indicating its opposition to the regulations of the current states.

  1. International recognition

At a time when most countries around the world reject it, Germany has recognized an official currency that allows them to be traded, exchanged and taxed, and a US judge has approved a real currency equivalent to the conventional currency.

  1. Feasibility of recognition

The recognition itself has created a debate about its usefulness. At a time when those seeking to recognize the digital currency as a means to legitimize it and accelerate its use, opponents believe that this will open the door to the enactment of regulations to control and codify them and thus the control of governments, which was founded to reverse it completely.

  1. Fears

Digital security concerns are on the surface because they are a digital currency that does not have a serial number and there is no way to reach the seller or buyer, which will be successful among online drug dealers, terrorist groups and gangs.

As an electronic currency, they are vulnerable to piracy, similar to bank robberies in the real world.

  1. And the Arabs?

It was announced that the coin was first accepted in Amman in one of the shops, then an ATM was established in Dubai and then an information systems company in Palestine.

And provides services to developers in the Arab world, led by "Yalo" and "Pet Oasis" in Dubai, and "Pet Fils" in Kuwait.