kellypatern
2.Bitcoin_Transaction_System
Traditional banking System vs Bitcoin Transaction System
The traditional banking system works on regular Fait money.
Bitcoin was created as a digital currencyIt was created to solve the problem that banks can be manipulated by governments and bankers alike,
and also to give people freedom of privacy in their transactions, although all transactions are public on the ledger, provided sending/receiving addresses are kept private and new ones used for different transactions a certain degree of privacy can be expected.
Bitcoin was created as a digital currency, by an entity only known as Satoshi Nakamoto. It was created to solve the problem that banks can be manipulated by governments and bankers alike, and also to give people freedom of privacy in their transactions, although all transactions are public on the ledger, provided sending/receiving addresses are kept private and new ones used for different transactions a certain degree of privacy can be expected.
2.Bitcoin_Transaction_System
Traditional banking System vs Bitcoin Transaction System
The traditional banking system works on regular Fait money.
Bitcoin was created as a digital currencyIt was created to solve the problem that banks can be manipulated by governments and bankers alike,
and also to give people freedom of privacy in their transactions, although all transactions are public on the ledger, provided sending/receiving addresses are kept private and new ones used for different transactions a certain degree of privacy can be expected.
Bitcoin was created as a digital currency, by an entity only known as Satoshi Nakamoto. It was created to solve the problem that banks can be manipulated by governments and bankers alike, and also to give people freedom of privacy in their transactions, although all transactions are public on the ledger, provided sending/receiving addresses are kept private and new ones used for different transactions a certain degree of privacy can be expected.