Bitcoin is a virtual currency free from the control of central authorities or even banks. It is transferred securely between people located anywhere. Electronic cash is different from traditional currencies. It is an interesting idea. When a country prints money, the government can want to spend its budget and stimulate its economy. But counterfeiting of money becomes much harder, or impossible, and money circulation weakens. Later, printed money gets retired, and depreciates in value. So eventually, printing money becomes a financial burden. Bitcoin solves this problem. But they come from computers, without an automatic printing press, without a centralized authority like the Federal Reserve or other central bank. So they don’t run out. They are dynamic, and their value could be increased or decreased without any central bank regulation. They can be used as a payment system. Even though the types of cryptocurrencies are active, Bitcoin is much popular.To buy bitcoin in Canada, get it from Bitcoin4u.

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Source: https://bitcoin4u.ca/

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