We answer many important questions that come to mind as Bitcoin becomes more and more widespread and heard by larger masses.. Answers to basic questions such as what is Bitcoin, what is not, what will Bitcoin change, how did the need for Bitcoin arise and how to buy Bitcoin:
What is Bitcoin?
Bitcoin was founded on January 3, 2009 It is an electronic and encrypted currency created by an unknown person with the pseudonym Satoshi Nakamoto.. The importance of Bitcoin is that it is not affiliated with any central bank, government or official institution.. In other words, this currency is not affected by the economic depressions of the states.
It is based on blockchain technology.
What is not Bitcoin?
Bitcoin is for those who are not familiar with the subject. It’s not a pyramid scheme as it says.. It is a digital currency based solely and exclusively on Blockchain technology.
Maximum 21 million can be produced
Bitcoin is capped by its creator to a maximum production of 21 million. Once this production amount is reached, it will no longer be possible to produce Bitcoin.
What will Bitcoin change?
Bitcoin, the first cryptocurrency based on blockchain technology, Bitcoin
strong>, what will change in the world? First of all, Blockchain technology has the potential to revolutionize fields that cannot be imagined on its own.. With Bitcoin, it will be possible to transfer money from one end of the world to the other end of the world very quickly and with very little expense.
Today, if someone residing in Australia wants to send money to Turkey, they have to pay a significant cost.. In addition to the loaded cost, it may take days for the transfer to be accounted for.. With Bitcoin, transfers can be made very quickly and at very cheap costs.. For example, in the severe economic crisis in Venezuela, citizens have chosen to invest their money in Bitcoin due to inflation rates of up to 800 percent.
Can it replace paper money?
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One of the most asked questions about Bitcoin is whether it can replace paper money.. It would not be right to say for sure, but the potential to pass is quite high.. Many things that surrounded us in the past are now virtual.. Isn’t it very realistic for money to become virtual while living in such a virtual world? Therefore, it is highly likely that Bitcoin, which is considered the most important of virtual currencies, will replace paper money.
How did the need for Bitcoin arise?
The need for Bitcoin and digital currencies, America in 2008 He was born after the Mortgage crisis that took place in Turkey and affected the whole world.. It is noteworthy that Bitcoin’s release date is also post-crisis.. This is why it is important for individuals to free their money from the monopoly of governments and centralized institutions.
How to buy Bitcoin?
There are many ways to buy Bitcoin. In addition to stock exchanges in Turkey or abroad, you can also buy directly from individuals.. However, if you are not sure about the security of the source of the Bitcoins you will receive from individuals, it is recommended not to resort to this method.. You can easily buy Bitcoin from stock exchanges in Turkey or abroad.. For this, there are 4 exchanges in Turkey that you can buy.. These; Paribu, BTC Turk, Koinim and BitKapital. Paribu and Koinim are the most used exchanges compared to the other two websites.. In order to buy Bitcoin through these sites, you must first transfer TL as much as the value of the Bitcoin you will receive to the accounts of these sites.