What is the physical form of bitcoin?

3 answers

• Dec 13, 2021 · 3 years ago
  Bitcoin, being a digital currency, does not have a physical form like traditional coins or banknotes. It exists solely in the digital realm and is stored in digital wallets on computers or mobile devices. Transactions are recorded on a public ledger called the blockchain, which ensures the security and integrity of the currency. So, in short, bitcoin is purely digital and does not have a physical representation.
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• Dec 13, 2021 · 3 years ago
  Bitcoin is like a ghost in the machine. It's intangible and exists only as lines of code on the internet. You can't hold it in your hand or put it in your pocket. But don't let that fool you, because its value is very real. Just like how the value of money is not in the paper itself, but in the trust and belief that people have in it, the value of bitcoin is derived from the trust and belief that people have in its decentralized nature and limited supply.
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• Dec 13, 2021 · 3 years ago
  Bitcoin is a decentralized digital currency that exists solely in the digital realm. It is not physically minted or printed like traditional currencies. Instead, it is created through a process called mining, where powerful computers solve complex mathematical problems to validate and record transactions on the blockchain. Once mined, bitcoins can be stored in digital wallets and used for online transactions. The physical form of bitcoin is essentially non-existent, as it is purely a digital asset.
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