Bitcoin economy

Bitcoin chain
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https://edukasibitcoin.com/amp/cara-kerja-bitcoin-blok-bitcoin/
Since nodes have no bonds to include transactions in every block they generate, Bitcoin submitters may also voluntarily pay transaction fees. Doing so will speed up the transaction and provide incentives to users who run the node, especially when the difficulty of generating enhanced bitcoin - bitcoin or reward of any number of blocks decreases over time. The nodes collect transaction costs associated with all transactions entered in their candidate blocks.
Economics
The economy of Bitcoin is still small compared to long established economies and software is still in beta development stage. But goods and services, such as used cars and freelance software development contracts, are now tradable. Bitcoin - bitcoin is acceptable for both virtual and virtual goods Electronic Frontier Foundation and Singularity Institute receive donations through bitcoin Currency exchangers exchange commonly used currencies (including American dollars, rubles Russia and Japanese yen) to bitcoin through the bitcoin exchange site. own source of public Anyone can see chain-blocks and observe transactions in real time. A wide range of service facilities to observe is available
image
https://googleweblight.com/i?u=https://id.m.wikipedia.org/wiki/Bitcoin&hl=id-ID

In contrast to conventional fiat spheres, bitcoin differs in that no supervisory controls value due to its decentralized nature, reduced circulation can cause instability typically caused by central banks. There is also limited inflation control that is implemented in Bitcoin software, but it can be predicted and recognized by all parties. Therefore inflation can not be manipulated from the central to influence the redistribution of values ​​from the general public.
Transfer - transfers are facilitated directly without the use of a financial dealer between nodes. This type of transaction makes chargeback impossible. The Bitcoin client will broadcast transactions to the surrounding nodes that will spread payments to all networks. False or wrong transactions will be rejected by honest clients. Transactions are mostly free of charge, but a fee can usually be paid to another node to mempriotiskan transaction processing.
Over time, the total amount of bitcoin will increase towards 21 million. The circulation of money increases as a geometric series that takes place every four years; it is estimated that by 2013 half of the total circulation will be successfully generated, and by 2017, 3/4 of it will be completed. Along with the bleeding toward that value, bitcoin is likely to begin to deflate (the real value increase) value due to the shortage of new introductions. Although Bitcoin can be divided by eight digits behind the comma (giving 2.1 x 1015 units total), eliminating practical limitations may lead to adjustment of values ​​toward deflationary environments. Rather than relying on the newly created bitcoin incentives to record transactions into blocks, nodes in this period are expected to rely on their ability to competitively collect transaction processing fees.
https://googleweblight.com/i?u=https://id.m.wikipedia.org/wiki/Bitcoin&hl=id-ID
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