In this article we will tell you who owns bitcoin and which country is bitcoin, along with it will also explain how it works and how you can invest in bitcoin. In the old days, when there was no cash, merchants and lenders used tokens, it was a kind of letter of demand, which could be shown through the goods that could be bought, it was a piece of paper in the form of a.

which can be given to someone else or can be kept for future needs, even after the arrival of the banks, this type of cashless transaction persisted in the society. In the eighties, for the first time, digital currency transactions began instead of this piece of paper, later when the RSA cryptographic algorithm was expanded, the American cryptographer David Chom invented the first online money in the Netherlands under the name DG Cash.

This cool new technology has attracted people’s attention. Then Microsoft offered Cham $180 million to put a DJ box in every computer it made. There was a storm in digital cash technology when many startups in the world started to transfer money with this technology, merchants liked this method more because the financial transactions here took place without any interruption and fast.

PayPal, which was established by Elon Musk in 1990, introduced a Peer to Peer money transfer service, whereby any person and businessman around the world can send money from one place to another without any interruption through the computer. Merchants liked this method and adopted a peer-to-peer money transfer system for payment because it was much safer than paying in a case.

But no one even thinks about cryptocurrencies, although crypto technology began, but interest in this technology did not occur until after the 2008 US recession, after the 2008 recession, people began to keep their money safe.They began to think. Then Bitcoin was introduced in January 2009. Let’s see who started Bitcoin.

Who owns bitcoin?

The owner of the bitcoin is known as Satoshi Nakamoto and the bitcoin is said to have been started by the Japanese man Satoshi Nakamoto on January 9, 2009. But no one knows exactly who Satoshi Nakamoto is and where he lives, only to speculate that he may be hiding in a city in Japan.

Since he started the bitcoin business, Satoshi Nakamoto is considered the inventor of bitcoin, but no one knows anything about him, where his family is, when he was born, no one knows. Even according to one belief, he is considered Japanese, but no one can say one hundred percent whether the person named Satoshi Nakamoto was a Japanese person or if it was he who started bitcoins.

Many people think that Satoshi Nakamoto is not the name of one person, but a group that worked together on cryptocurrency and started bitcoin. They were doing research and this group later started in bitcoin and many other cryptocurrencies.

On the Internet, someone named Satoshi Nakamoto was told the age of 42, but there is no evidence available for this. The most commonly used bitcoin in the cryptocurrency name has made investors rich, and no one knows the inventor of that bitcoin.

In October 2008, a few months before the launch of bitcoin, a person named Satoshi Nakamoto wrote a letter on a website called MathsDoubt, explaining encryption techniques and making people aware of the benefits of bitcoin there. Bitcoin – Peer-to-peer electronic system A few months after that, Bitcoin was launched and the first version of Bitcoin was initially launched.

After the arrival of Bitcoin, when its identity gradually began to increase, many other cryptocurrencies entered the market with it, and people became more invested in cryptocurrencies.

Bitcoin is the currency of any country

Friends, Bitcoin is a cryptocurrency that works on a technology called blockchain, if the assumption is correct that Bitcoin was started by a Japanese person named Satoshi Nakamoto, then we can say that Bitcoin is the cryptocurrency of the country of Japan because it was started in the country of Japan .. But this assumption is not 100% correct %.

That is why we cannot assume that Bitcoin is a cryptocurrency tied to any country, even though the cryptocurrency cannot be tied to any country. The currency has been discovered but no country can own the cryptocurrency.

How does bitcoin work?

Blockchain is a cloud-based technology. The data in the blockchain is not on any one server, but here the data is in the system of all people who use Bitcoin in the form of different blocks, which is why the government of any country does not establish its authority over Bitcoin. No changes can be made to Bitcoin at anyone’s request.

If a country wants, it can only block bitcoin but it is impossible to stop transactions by blocking bitcoin because it has spread like a network all over the internet If you want to understand this thing well then you have to understand blockchain technology it will be a complex address.

You only understand that bitcoin does not belong to any country and no country can own it, and there is no right for any company behind bitcoin that can manipulate it. It is a program or series of numbers that has left its mark on the Internet and made its way to different servers.

It is also not possible to remove it because as long as people have bitcoins, bitcoins cannot be disposed of, even it is impossible to hack anything using a blockchain intermediary.

price of 1 bitcoin

Today, one bitcoin costs 32 thousand rupees, and in India alone more than 5 million people invest in bitcoin, although more than a decade has passed since the emergence of bitcoin, but the popularity of bitcoin after 2013 only 14 got it. Bitcoin became popular in India after 2016 because it was not until after 2016 that the smartphone market gained momentum.

At about the same time in India, Jio made its debut, so more smartphones came into people’s hands and people started searching for new things on the Internet, let me tell you that if you invested in bitcoin in 2016, you would be a millionaire today.

In 2016, the price of bitcoin was around INR 21,000 but at the time of the day it has increased over 100 times, at the moment it is INR 32,000, you can guess that if you invested in bitcoin for INR 21,000 in 2016. Today those who are They hit 21,000 rupees they will become 32,000,00 rupees and a person who invests a few rupees is a millionaire today.

In this article we saw that who owns bitcoin and what country currency is bitcoin In this article, we saw an interesting story about the owner of bitcoin, and how the owner of bitcoin also created bitcoin. People were also informed of this by printing a letter. There are many people in the world claiming to be the real Satoshi Nakamoto and the true owner of Bitcoin but none of them have been able to provide any proof that Bitcoin works properly.