Bitcoin’s Legal Status Around the World

When bitcoin was created in 2009, it was supposed to act as a peer-to-peer cash system, but it has taken on a different form. To earn bitcoin, a person has to act as a miner, which involves them using their computer’s energy to maintain the blockchain. Bitcoin would therefore act as the reward for this computing power. As more people started to be interested in bitcoin’s operation, they started to trade it like a financial asset, for example, a stock. This is when bitcoin really became a phenomenon, and it is now among the top google searches worldwide. For more … Continue reading Bitcoin’s Legal Status Around the World