What Does Bitcoins Mean?

  1. BitcoinsMean profile image60
    BitcoinsMeanposted 11 months ago

    What Does Bitcoins Mean?

    Although Bitcoin has its charms, it is proprietary and is not part of, or backed by, any government. Only a finite number of Bitcoins have been created, which helps make Bitcoins seem to be more valuable than they actually are. By limiting the number of coins made, combined with the hype, have pushed up the price of Bitcoins.


  2. tamarawilhite profile image91
    tamarawilhiteposted 10 months ago

    The biggest competition to Bitcoin are alternative but similar currencies. If demand for these other currencies like Litecoin go up, demand and value of Bitcoins go down.