Islamabad
Have you ever wondered what Bitcoin actually is? Not a note, not a coin, but only digital yet its value is in millions?
Bitcoin is a cryptocurrency that you can also call digital currency. It is different from traditionally used currencies worldwide like the dollar, pound, or rupee because it is not controlled by any authorized financial institution.
Many people in Pakistan are also investing in Bitcoin and other cryptocurrencies, but the legal status is still unclear, so conduct thorough research before making any decisions.
According to experts, Bitcoin is essentially a digital currency that is neither attached to any bank nor subject to any government, and you can only buy, sell, or use it on the internet. But the question is, where does this currency come from? The answer lies in mining, where powerful computers solve complex mathematical problems, and whoever solves these problems first receives Bitcoin as a reward. This process also secures the Bitcoin network, which is called blockchain, meaning a digital ledger that is not held by one person but is simultaneously present all over the world.
