Will bitcoin become a real currency?
While bitcoin remains a hot investment idea, the possibility of using it as a means of payment looks ghostly.
Bitcoin is one of the fastest growing virtual currencies in the world since it was launched in 2009. Unlike notes and tokens, bitcoins are used to make electronic transfers such as making payments to merchants. Every single transaction is recorded in digital formats known as a blockchain. It works by which tracking the time the transaction was made and who the current possessor is at the moment.
While bitcoin remains a hot investment idea, the possibility of using it as a means of payment looks ghostly.