Cryptocurrency Q&A
Is Bitcoin a company or a currency?
Is Bitcoin a company or a currency?
AzurePulseStar
Sat May 11 2024
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6
answers
1085
I'm curious about Bitcoin. Could you please clarify whether it's considered a company or a currency? I've heard different opinions about this, and I'm a bit confused. As a professional in the field of cryptocurrency and finance, I'm sure you have a clear understanding of this. Could you break it down for me? I'd like to know how Bitcoin functions, its legal status, and whether it's backed by any central authority or not. Thank you for your time and expert insights.
6 answers
Valentina
Mon May 13 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services related to Bitcoin.
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Giuseppe
Mon May 13 2024
It operates on a decentralized network.
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Eleonora
Mon May 13 2024
This allows users to buy, sell, and exchange it directly.
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GinsengBoost
Mon May 13 2024
Transactions occur without the need for a central authority or intermediary like a bank.
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Ilaria
Mon May 13 2024
Bitcoin is a revolutionary form of currency.
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