Bitcoin FAQ

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Bitcoin FAQ


 Bitcoin does not actually have any value as a physical commodity like gold or silver does, and are not widely accepted like out normal dollars are.
Bitcoin seems like it has its value because people accept and trade it

How many bitcoins are out there- There are only 21 million bitcoins that are available in the world however all 21 million of them have not been mined yet. once all 21 million bitcoins have be mined the world will actually be tapped of bitcoins hence the high value of them and other cryptocurrencies becoming available.

How do you get bitcoins- 
1. mining your own was the first way
2. work hard for them
3. trade something for them
4. casino
5. make an offer for them
6. use many faucets
7. boost your trading skills on the market!

Who has the most bitcoins-
uncle sam
Tony Gallapi
Satosh Nakamato
Tim Draper
Charlie Shrem

How long does it take to mine bitcoins- to mine a measly thirteen bitcoins back when it was new it could take up to 20 minutes depending on the hash power now for the same amount of bitcoins you can do it in half the time with the newer more modern mining computers


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