Bitcoins

Bitcoin is an online commodity based on a encryption protocol. hey are subdivided into 100 million smaller units called satoshis. They are transferred to a computer or handheld device without an intermediate financial situation. It's purpose is to serve as money, which can be accepted by certain merchants in many parts of the world. It's confusing to understand how they work. Using cash is very easy. Writing a check or using a credit card isn't too hard either. Are bitcoins the same as using a credit card? It's easy to tell how much a dollar bill is worth, but a bitcoin might have a different value. Inflation could happen with this new kind of money. I think our currency should stay the same.