Users can transfer bitcoin over the network to do just about anything that can be done with conventional currencies, including buy and sell goods, send money to peo‐ ple or organizations, or extend credit. Bitcoin can be purchased, sold, and exchanged for other currencies at specialized currency exchanges. Bitcoin in a sense is the per‐ fect form of money for the internet because it is fast, secure, and borderless.

Mastering Bitcoin - PROGRAMMING THE OPEN BLOCKCHAIN

by Andreas M. Antonopoulos

#masteringbitcoin #2