The Evolution of Bitcoin – Market Fact
An emerging form of digital currency has received tremendous media coverage this past month. Bitcoin is essentially a virtual money that is traded digitally by exchanges. Bitcoins can only be purchased and sold with legitimate currency, such as dollars or euros, making it available worldwide. The total estimated value of Bitcoins worldwide as of May 30, 2017, is over 36 billion dollars. Bitcoins exist as software, not physical currency, and are not regulated by any country or