Bitcoin is the most popular one of all the cryptocurrencies in the world, It is a cryptocurrency that was created in January 2009 and is operated digitally, digital currencies are instruments that we can only see the value on public ledgers (blockchain) using our electronic gadgets e.g laptops and phones but can never be touched physically.

Like every other digital currency, Bitcoin can be Traded, saved, invested, used for payment or exchanged amongst users based on agreements, since it is a peer to peer currency. It follows the white paper works of Satoshi Nakamoto, the system offers lower transaction fees unlike traditional systems e.g Banks where huge fees are charged for every transaction.

Bitcoin is operated on a decentralized network, this implies that there is no Central Bank printing the currency, distributing, monitoring, or regulating the affairs of the network. The users determine everything, in fact the higher the acceptability level of Bitcoin the higher the value of it worldwide.

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