According to the experts, it is estimated that within a few decades our currency will be completely replaced by the digital currency. This is why there is a lot of hype around bitcoin. Considering the bitcoin’s market, it is estimated to go even higher. If you want to learn how Bitcoin works and how you can invest in it, then you can make a visit to the Bitcoin Koers’ website, they have really helpful guides that will help you understand better. Bitcoin is not something new, it has been around for nearly a decade and it is still dominating the market.
During the past few years, Bitcoin has managed to be in the center of media’s attention. According to the experts, it is considered as the future of currency. Bitcoin is a blockchain based digital currency. If you don’t know about blockchain then you have come to the right place. The blockchain is a public ledger that stores all the records of your transactions. It is not just limited to keeping the record of transactions; you can also store anything you want in the blockchain, such as important property documents etc.
However, everything inside the blockchain is visible by the public but they cannot make any changed to it. This is what makes Bitcoin such a secure and viable digital currency. Unlike credit card payments, it is impossible to have irreversible transaction (Chargeback), but you need to be careful whenever you send bitcoin to someone because they’re never coming back.