Tagged: bitcoin 101

Bitcoin for Beginners in Middle East

A few years back Bitcoin, was literally worth nothing. But that fact is a thing of the past; its current value is more than 7000 US dollars. Bitcoin is decentralized which means that it is not owned by a central bank or a government. Bitcoin trading is simple and the...

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What is Bitcoin?

Bitcoin is a cryptocurrency, created and held electronically.  Bitcoins aren’t printed, like Dollars or Riyals and isn’t controlled by a central bank. Anyone can produce them by running software that processes mathematical problems verifying transactions on the network. It can be used to purchase merchandise, for international payments or as...

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