Bitcoin is a cryptocurrency which runs on a technology called blockchain technology. Bitcoin is mined using advanced mathematical calculations and record-keeping in a process known as mining. In the case of bitcoin, there will be no notes or coins. Also, Bitcoins are not controlled by a government or central bank. Owners of bitcoin are anonymous. In case your bitcoins are hacked by fraudsters, there will be nobody to approach and file complaints. So many people have lost their hard-earned money while investing in Bitcoin. In this video, Mr. C S Sudheer has explained about a bitcoin scam.
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