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General Discussion / BITCOINS: HOW THEY WORK?
« on: January 22, 2020, 11:01:16 am »
First, we have to know that Bitcoins is a cryptocurrency. It´s a digital currency that banks can´t control it and it´s socially accepted.
This digital currency it´s usually use to make micropays and for this way, we can pay less taxs.
We told about Bitcoins in our lessons about Tax heavens, but we can try to understand more than we know about it. For that reason, I bring a video which shows how bitcoins work by SciShow
Link:
You can share your opinions about Bitcoins and their work into the monetary system.
This digital currency it´s usually use to make micropays and for this way, we can pay less taxs.
Quote
DID YO KNOW THAT...
- Bitcoins were feared by banks and governments because they were believed to replace traditional currencies and change the monetary system.
- The number of Bitcoins that exist is fix: The last Bitcoin will be mined in a century approximately. Now, we can know that exist 21 million Bitcoins of which 17 million are circulating.
- More than 12% of Bitcoins are use to illegal actions.
- Bitcoins´s value has changed: In 2010, Bitcoins were free but now, their values is between 10 000 euros.
We told about Bitcoins in our lessons about Tax heavens, but we can try to understand more than we know about it. For that reason, I bring a video which shows how bitcoins work by SciShow
Quote
SciShow
Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems.
- Hosted by: Michael Aranda
- Special Thanks: Dalton Hubble
Link:
You can share your opinions about Bitcoins and their work into the monetary system.