PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.
How do I acquire Bitcoin? There are several ways to acquire Bitcoin. You can buy it from cryptocurrency exchanges using traditional currencies, receive it as payment for goods or services, or participate in mining activities to earn new Bitcoins. Additionally, some platforms offer peer-to-peer trading where individuals can buy and sell Bitcoin directly.
What is blockchain technology? Blockchain is a decentralized and distributed ledger that records transactions across multiple computers or nodes. It ensures transparency, security, and immutability by linking each transaction in a chain of blocks. Each block contains a list of transactions, and once added to the blockchain, it becomes permanent and cannot be altered.
Is Bitcoin legal? The legal status of Bitcoin varies by country. While some governments have embraced Bitcoin and enacted regulations to govern its use, others have imposed restrictions or bans. It's important to familiarize yourself with the regulatory landscape of your jurisdiction before engaging in Bitcoin-related activities.
