What is Bitcoin? How To Buy It & How It Works?

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BITCOIN
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What is Bitcoin?

• Bitcoin is a cryptocurrency, or a digital
  currency, that uses rules of cryptography for
  regulation and generation of units of currency. 
• You can make transactions by check, wiring, or
  cash.
• You can also use Bitcoin (or BTC), where you
  refer the purchaser to your signature, which is a
  long line of security code encrypted with 16
  distinct symbols.
• The purchaser decodes the code with his
  smartphone to get your cryptocurrency.

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(No Transcript)
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How To Buy Bitcoin?
How To Buy Bitcoin
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Download A Bitcoin Exhange App (For Example
"Coinbase")
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Create A Coinbase Account
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Now you're logged in. Look at that
daily volatility!
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Add A Payment Account
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You're Ready To Buy. Tap The Buy Button Again.
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Is Bitcoin Legal To Use?
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• Legal status of bitcoin varies substantially from
  state to state and is still undefined or changing
  in many of them
• Majority of countries do not make the usage of
  bitcoin itself illegal, its status as money (or a
  commodity) varies, with differing regulatory
  implications.
• While some states have explicitly allowed its use
  and trade, others have banned or restricted it.

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List Of Countries Or Territories Where Bitcoin Is
Illegal

• Algeria
• Egypt
• Morocco
• Bolivia
• Colombia
• Ecuador
• Saudi Arabia
• Iran
• Bangladesh
• Nepal
• Pakistan
• China
• Taiwan
• Cambodia
• Indonesia

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Bitcoin News

• Bitcoin Trading Volume in Disturbed Venezuela
  spiked again in a week ago as one local
  commentator known as claims Dash is making
  advances in the country snake oil. 
• https//xnews.io/bitcoin-observes-greatest-trade-v
  olume-in-venezuela-as-dash-board/

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Latest Updates Of Bitcoin

• The co-founder of blockchain startup
  Blockstream and Bitcoin core developer Mark
  Friedenbach presented a revolutionary concept for
  Bitcoin (BTC). 
• https//xnews.io/bitcoins-block-size-can-be-increa
  sed-without-hard-fork-says-blockstream-co-founder/

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XNEWS

• XNEWS is the leading digital media, events and
  information services company for the crypto asset
  and blockchain technology community. Its mandate
  is to inform, educate and connect the global
  community as the authoritative daily news
  provider dedicated to chroniciling the space.