Intergov

Cryptocurrency Blog
Bitcoin

The Bitcoin Hype in South Africa

Ever since the cryptocurrency craze started to spread throughout the world, Bitcoin trading has been one of the most talked about subjects in international trading circles. The phenomenon, which has swept across Europe, Asia and North America, appears to have infiltrated Africa, South Africa. Since early 2018, South Africa, Africa’s second largest economy has experienced […]

Bitcoin

How does Bitcoin work?

2.1 Bitcoin Transaction Faster Bitcoin is the fastest way to transfer money internationally, whereas Wire Transfers takes several days. When you pay a cheque from another bank into your bank, the bank will often hold that money for several days. Bitcoin transactions are generally far faster. With Bitcoin you can send money anywhere, and it […]

Bitcoin

What is Bitcoin?

1.1 Definition Summary Bitcoin (symbol BTC or XBT) is a digital currency, created, held and exchanged electronically. Bitcoin is based on strong cryptographic principles, and designed to enable users to send money over the Internet without needing a credit card or a bank account. Bitcoin is run collectively by the users who uses the Bitcoin Client. Bitcoins are […]