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What is Bitcoin and how does it work?

Bitcoin

Cryptocurrency may be getting quietly channelled to North Korea university, security firm says Source: AAP Image/EPA/SASCHA STEINBACH

Bitcoin is a digital currency that is not tied to a bank or government and allows users to spend money anonymously. Economist Gokhan Sen explains how it works and what it means for the economy.


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By Nılgün Kılıç

Source: SBS




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Bitcoin is a digital currency that is not tied to a bank or government and allows users to spend money anonymously. Economist Gokhan Sen explains how it works and what it means for the economy.



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