Page 7 - HMUN
P. 7
Page 7 3170tthh AJuugnues2t 018
YOUR PERSONAL GUIDE TO
THE LATEST SENSATION OF THE
WORLD - BITCOIN
- Jai Kumar
the entire nation breathless, or with a nasty
This new currency, started a little less than a scar.
decade ago, has now become a sensation, a
rouge. Created by Satoshi Nakamoto, Bitcoin The main reason why Bitcoins are so popular
is a form of digital currency, electronically and high in demand in India is because they
created and held. The main reason why Bitcoin can be used to buy merchandise and products
has given the whole nation goosebumps is anonymously. Bitcoins can help simplify the
because it is not controlled by anyone, that process of international payments, making it
means that the bank or the government cannot not only easier, but also cheaper as Bitcoins are
intervene in any of the transactions that take not tied to any country and the tax on Bitcoins
place via bitcoin. Even though Bitcoin is a fast are limited. Due to this, many people are now
and newly emerging idea and is already attracted to Bitcoins and this is a main reason
sensationalised by the media, the lower class for its ever-growing popularity.
people of developing nations are still not aware Now, the most obvious question about Bitcoins
of this craze. Now, the only real question is would be “how should I purchase them in the
whether the discovery of bitcoins would leave first place?” Well, to purchase Bitcoins there