Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Thursday, February 22, 2018

What is Bitcoin?

Best SIP Funds Online 



Bitcoin is the largest of cryptocurrencies, which are virtual tokens with no physical backing. They function on a technology called blockchain, which is nothing but a record of all transactions on a decentralised network of computers (reportedly 9,500) around the world. Bitcoin accounts for 55% of the value of all virtual currencies in circulation. 

What are Bitcoin key features? 
There is no central monetary authority for bitcoin, like the RBI for the rupee, and every computer that processes transactions and creates bitcoins is part of the network and all these computers work together. A bitcoin can be divided up to eight decimal places (0.00000001), with the smallest unit called Satoshi, after the creator. 

Is Bitcoin legal? 
It is hard for governments to ban bitcoins, since they do not have geographical boundaries, but that has not stopped governments in Ecuador, Bolivia and Bangladesh from outlawing trading in cryptocurrency. India has said bitcoin is not legal tender and is yet to take a call on a report submitted by a government committee on cryptocurrency. 



SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

1 comment:

  1. ey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
    Vishwaraj IPO

    ReplyDelete

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts