How is bought and sold?

To buy Bitcoin or any cryptocurrency, you'll need a crypto exchange where buyers and sellers meet to…

Can you turn into US dollars?

However, you can also request to withdraw your crypto assets in a fiat currency like USD. The third cash-out…

Why is worth so much?

The cryptocurrency does display some attributes of a fiat currency system, however. It is scarce, and it…

Is backed by real money?

Bitcoin is not backed by any asset. This should be intuitive because Bitcoin is not controlled by any person…

How does become actual money?

The process is the same as currency exchanges in the airport of a foreign country. You deposit your bitcoin…

What does do with money?

What is the purpose of bitcoin? Bitcoin was created as a way for people to send money over the internet. The…