Bitcoin

Bitcoin is a type of digital currency that exists only on the internet. It’s like a virtual version of cash – you can use it to buy goods and services, and you don’t need a bank or credit card to do it. Just like regular money, the value of Bitcoin can go up and down depending on how much people are using it, trading it, and investing in it. Let’s say you need to buy a new game for your video game console. Instead of using cash, you can use Bitcoin to buy it. You can find lots of stores that accept Bitcoin, and you can pay with your digital wallet, which is like an online bank account where you can store Bitcoin. Here’s an example of how it works. You find a store that accepts Bitcoin and you decide to buy a new game. You’ll enter your Bitcoin wallet information, and the store will send you a digital code. Once you enter the code, your purchase is complete and the store receives the money in a few minutes. It’s fast, easy, and secure. Fun Fact: The creator of Bitcoin is still unknown!