The latest that’s been going on about cryptocurrencies, and Bitcoin, in particular, has garnered a considerable amount of attention from the public as well as Governments. Some look at it with awe and wonder and some with skepticism, but unlike before when it was kept well under wraps, today it is being discussed by everybody and governments are forced to start paying attention to this and do something about it.
Bitcoins are for everyone — the unbanked, the rich and the famous. While there is a common misconception that bitcoin is only useful in the developing countries of Africa or elsewhere, these celebrities are proving them wrong. Such is the magnetic appeal of bitcoins — that it has reached out to some of the major celebrities who have started talking about bitcoins and invested in them.
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Bitcoin BTC is a digital currency called as BTC shortly. It is a E-currency (Electronic currency) in which encryption techniques used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.