Is Bitcoin the same as money?

In short, Bitcoin is a digital currency, or “cryptocurrency,” that allows person-to-person transactions independent of the banking system. Bitcoin is not a physical coin that you keep in your purse or wallet.

What crypto coin should I buy?

  • These are seven of the best cryptos on the market. It has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world. …
  • Bitcoin (BTC) …
  • Bitcoin Cash (BCH) …
  • Litecoin (LTC) …
  • Ethereum (ETH) …
  • Binance Coin (BNB) …
  • Tron (TRX) …
  • Chainlink (LINK)

How do I borrow Bitcoins?

Much like traditional fiat currency, you can put your cryptocurrency to work and generate interest via bitcoin lending platforms and/or staking platforms, which provide interest payments in return for lending out cryptocurrency to borrowers.

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