Importance of Bitcoin

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or 
euros – they’re produced by people,
and increasingly businesses, running computers all around the world, using software that
solves mathematical problems

Important features:

 : The bitcoin network isn’t controlled by one central authority. Every machine that mines bitcoin and processes 
transactions makes up a part of the network,and the machines work together.

Easy to deploy : Setup Bitcoin Address in seconds, no questions asked, and with no fees payable.
Anonymous : Well, kind of. Users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other 
personally identifying information.

Transparency : The Bitcoin maintains Blockchain where it stores details of every single transaction that ever happened in the 
network in a huge version of a general ledger.

No Transaction Fees for international transfers.
Fast :You can send money anywhere and it will arrive minutes later, as soon as the bitcoin network processes the payment.

Non-Reputable : When your bitcoins are sent, there’s no getting them back, unless the recipient returns them to you. They’re 
gone forever.

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