What is Bitcoin?

Bitcoin is a digital currency available to everyone and controlled by thousands of people around the world who have a financial stake in keeping the asset safe and secure. Bitcoin is not subject to the regulatory authorities of various financial institutions, such as the government of certain countries or international companies. However, this system is under the control of open source rules. As stated in these rules, only 21 million bitcoins are to be created. This structure and decentralized architecture of the system have made bitcoin a new form of money for the digital world.

Why buy bitcoin and other cryptocurrencies? For many investors, bitcoin's limited supply makes it an attractive alternative to traditional assets like gold. Most importantly, investing in bitcoin allows you to take control of your financial future without having to rely on traditional monetary systems. Also, the reasons for buying bitcoin and altcoins can be the following: Paying for goods and services without banking and financial services Instant payments around the world Investing in the growing potential of cryptocurrency Financial independence from the currency of your country and the dollar Litecoin recently announced on its official twitter that its coin is accepted wherever there is a VISA card. Such news ensures the rapid growth of bitcoin and cryptocurrency in general. Today, the largest companies in the world own bitcoin. Remarkably, all these companies continue to accumulate BTC cryptocurrency.