Download Bitcoin: The Ultimate A - Z of Profitable Bitcoin Trading & Mining Guide Exposed: The Blokehead Success Series AudioBook Free
How can the bitcoin standard protocol work? A person cannot merge indefinite bitcoins. The bitcoin standard protocol state governments that there is only going to be 21 million bitcoins to be made by the miners. These bitcoins will be subdivided into smaller bits. The smallest bit is named "satoshi" named after the bitcoin creator and the divisible amount is 100 millionth of your bitcoin. Bitcoin money is dependant on mathematical formulas unlike our normal currency that is dependant on silver and gold. Mathematics can be used to generate or "mine" bitcoins. The software programs made up of these mathematical formulas are made available to everyone. Which means that anyone can gain access to these formulas to ensure that it serves its purpose.
