I'm currently working on a bitcoin project that will hopefully be profitable. If you didn't know, Bitcoin is a cryptocurrency
I have heard a little bit about it in the news but still unsure exactly what it is. What can you tell me about it?
Its a worldwide payment system that is the first ever decentralized digital currency
so you can pay for anything even say clothes?
You can now only if the retailer accepts it. BUt there are platforms where you can change bitcoin to cash or you can use debit cards that convert the bitcoin. The network is peer-to-peer and transactions take place between users directly.
What else can you tell me?
It all works through the use of cryptography and transactions are recorded in a public distributed ledger
do you think this will be the things of the future?
Yes I do and things are actually changing as we speak. Its the future economy. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto