With traditional money, transferring funds from one account to another requires some intermediary authority or middleman. Even with hand-to-hand cash transactions, the issue, value and fiscal policy of money is controlled by a trusted centralized authority (such as a bank, agency or government). Learn more here
Bitcoin is the first decentralized and uncontrolled currency. Since no central body owns the process for issuing new units, new coins are created at a fixed, predetermined rate. Learn more about bitcoin.
Bitcoin is a peer-to-peer payment system. Its unique properties attract many followers and opponents. It’s impossible to tell whether Bitcoin will establish itself as the sole payment system for the internet, but for right now – there is significant interest and demand for it.learn free here
Every country has its own currency. Estonia and the Eurozone have the Euro, Russia has the Rouble and the USA have US Dollars. We exchange money in banks or specialized foreign exchanges, transfer it worldwide and invest it. In our times of technological innovation it is safe to say that most, if not all money transfers are conducted through the Internet. Need to know more learn here
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