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what is bitcoin : Bitcoin (BTC) is the first and most popular digital currency in the world, it has been issued since 2009. It differs from all world currencies because it is not tied to certain countries and is completely decentralized.
Due to this, no one can block the circulation of Bitcoins or seize these funds, because they do not exist in a particular place – they are just records in a replicated distributed database. In fact, anyone can issue Bitcoins (mining), the only condition – access to the Internet and PC.
One of the advantages of Bitcoins is its owners` anonymity – although the data on transactions in real-time is publicly available, it is possible to track only Bitcoin addresses of users without binding them to specific individuals. Therefore, the number of Bitcoins (and, therefore, the funds stored in them) of a particular user cannot be tracked through any bank.”
