Bitcoins- Peer To Per Electronic Cash System


Bitcoin is Just a virtual currency that has been devised for unsigned payments made entirely independently of governments and banks. In recent years, Bitcoin has generated a great deal of attention on several fronts. Bitcoin payments are based on a new interesting technical solution and function differently to traditional payments. In certain payment situations, Bitcoin can bring advantages in the form of lower costs, rapidity, anonymity, etc. over traditional payment methods. However, usage can also be riskier because Bitcoin is not directly covered by the laws that govern other payment mediation. Weak consumer protection is also a reason for why it may be difficult for Bitcoin to become generally accepted and viable as a means of payment. Use of Bitcoin for payments is low today, and although Bitcoin’s future is uncertain, it is an interesting innovation worthy of description.


Bitcoin is nothing new in India, We have already 3 major bitcoin exchanges: Zebpay, Coinsecure, and Unocoin. The growth of cryptocurrency in India had been growing steadily.

Bitcoin Price Chart Indian Rupee (BTC/INR): 

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