Quickfacts: What is bitcoin?

What exactly is bitcoin?

 

Bitcoin was created by a developer named Satoshi Nakamoto in 2009.

Simply like other payment systems, for an end user, Bitcoin is an online payment system which uses a digital money named Bitcoin. Also, just like other systems it can be stored in wallets.

However it is different than the other currencies like Dollar, euro, rupee etc. as mentioned below-

Quickfacts: Six important international groups (India's perspective)

We keep listening names of various international groups in the news. Basic background is given below about them-

BRICS   

              

Full name:  Brazil, Russia, India, China and South Africa (five major emerging    national economies)

Established:  The BRICS Forum was formed in 2011