, bitcoin is the brainchild of a person (or persons) called Satoshi Nakamoto. Computer users can “mine” bitcoins by instructing their computers to solve complex problems generated by the bitcoin network. As more bitcoins are produced, the problems become more complex, requiring more computer power to solve them, and this limits the total number of bitcoins that can be created over time. Bitcoins are themselves simply strings of numbers. Once you own a bitcoin, you can transfer it to someone else (as a gift or to purchase goods) over the Internet. You can also convert it into dollars or other currencies on various exchanges. The Bitcoin network keeps track of where the bitcoins are located, so you cannot spend a single bitcoin over and over again by trying to transmit the identical code.so once the crypto alt coins or Bitcoin is used that's it, no recycle format, it will stop after the great rise.
