Bitcoin is a decentralized currency. That is not governed by any government or an individual. Bitcoin is limited in number and is generated by the process called bitcoin mine. The bitcoins when created it was created with some strict rules and setup that can never be changed by anybody or an individual.
The Bitcoin protocol as given in bitcoin white paper by its inventor Satoshi. It is mentioned that nobody can modify the bitcoin protocol, not even the bitcoin protocol can make changes to itself by any means.
Any individual or the organization can invest in the bitcoin mining and take over the half of the control on the computing power of the network. However, the bitcoin can be regulated just like any other fiat currency. The bitcoin rise in price and the assumption to get the best bitcoin rate is beneficial fo investors.
As the Indian government is trying to regulate and legalize the Bitcoin in India. Let see what change it comes within digital currency. Till then the best bitcoin exchange in India are running and people keep on to buy bitcoin in India to invest or trade.
The Bitcoin protocol as given in bitcoin white paper by its inventor Satoshi. It is mentioned that nobody can modify the bitcoin protocol, not even the bitcoin protocol can make changes to itself by any means.
Any individual or the organization can invest in the bitcoin mining and take over the half of the control on the computing power of the network. However, the bitcoin can be regulated just like any other fiat currency. The bitcoin rise in price and the assumption to get the best bitcoin rate is beneficial fo investors.
As the Indian government is trying to regulate and legalize the Bitcoin in India. Let see what change it comes within digital currency. Till then the best bitcoin exchange in India are running and people keep on to buy bitcoin in India to invest or trade.
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