Have you ever purchased bitcoin?
I have not, but I know it's a cryptocurrency and a worldwide payment system.
Do you know how many people use it?
There are estimates that 2.9-5.8 million users with a cryptocurrency wallent - most of them using bitcoin.
Wow that is a lot. I don't know much about it. I don't even know how it's purchased.
a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and by reputable economists stating that "it should have a zero price". Bitcoin has also been used as an investment, although several regulatory
stated that bitcoin "is fundamentally not a currency but an investment target".
In addition to the above, bitcoin is also characterized as a payment system.
General use.
According to research produced by Cambridge University in 2017, there are between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet, most of them using bitcoin. The number of active users has grown significantly since 2013 (there were 0.3 to 1.3 million unique users at the time).
Buying and selling.
Bitcoins can