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Bitcoin

Bitcoin is a cryptocurrency in the form of open source software. Bitcoin first appeared in 2009. Bitcoin can be exchanged directly using an Internet-connected device without going through an intermediary financial institution.

The founder of Bitcoin virtual currency is Satoshi Nakamoto – an expert in the field of encryption. However, the name Satoshi Nakamoto is just a fake name, it can be anyone or even a group of people.

In 2010, Bitcoin virtual currency was first used to buy a Pizza for 10,000 bitcoins, equivalent to 25 USD at that time.

In 2013, a number of major services such as OKCupid, Baidu, Reddit, Humble Bundle, Foodler and Gyft started using Bitcoin. In Canada, there was the world’s first Bitcoin ATM.

Currently, BTC is the most popular symbol of Bitcoin virtual currency.

Vietnam has not officially recognized Bitcoin as money, nor does it consider it a commodity format. This means that this currency cannot be used to pay for any transactions or services in Vietnam. Most Vietnamese users are only buying and selling this virtual currency for investment purposes.

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