Bitcoin is a form of digital currency that can be used in various places online and in the world
to buy goods and services. Bitcoin can be traded for other currencies. Unlike paper money the rise and fall of the trading price of digital money tends to happen faster and be more of a factor in its overall value.
The general notion is that due to the calculations needed to produce the digital coins,
only so many coins would be made, and thereby each coin made has value, as there would be a limited supply.
However as computing power advances the ability to produce coins does as well leading to algorithms needing to be re worked,
or to allow for more coins to be created than first calculated.
More than a decade has past since the imergance of digital currency and its rising popularity,
as of now the general public sees it as valuable similar to how paper money has value simply because people value it.
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