![]() ![]() Because its supply is limited to 21 million coins, many expect its price to only keep rising as time goes on, especially as more large, institutional investors begin treating it as a sort of digital gold to hedge against market volatility and inflation. Since its public launch in, Bitcoin has risen dramatically in value. How do people get Bitcoins? Related: Buy and sell cryptocurrency via Coinbase.īitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. How does Bitcoin work? A Bitcoin wallet app on a smartphone. What is Bitcoin? To enjoy the CBBC Newsround website at its best you will need to have JavaScript turned on. Guide: What is Bitcoin and how does it work? Getty Images. Home Shows Games Quizzes Watch Join In Puzzles Newsround. ![]() What is space junk and why is it a problem? Home Menu. Elon Musk becomes richest person in the world. By this, he meant that the value could drop significantly at any moment and investors could lose a lot of money. This concern was expressed by the head of The Bank of England, Andrew Bailey, in October He said that he was "very nervous" about people using Bitcoin for payments pointing out that investors should realise its price is extremely volatile. Kevin Stankiewicz Tue, Apr 27th Stifel CEO says blockchain is where true innovation occurs. Tilman Fertitta says most of his Landry's restaurant brands will soon accept bitcoin as payment. CNBC TV Live Audio Latest Video Top Video CEO Interviews Europe TV Asia TV CNBC Podcasts Digital Originals. Politics White House Policy Defense Congress Finding Solutions Europe Politics China Politics Asia Politics World Politics. Last week, Turkey said it would ban the use of cryptocurrencies to pay for goods and Недостаје But the Turkish cryptocurrency market is unregulated. ![]()
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