FAQ about Bitcoin
1. Is Bitcoin legal? Bitcoin's legality varies from country to country. In some countries, it is fully legal and regulated, while in others it may be restricted or even banned. It's important to research and understand the regulations in your own country before engaging in Bitcoin transactions.
2. Can I mine Bitcoin? Yes, you can mine Bitcoin by using powerful computers to solve complex mathematical problems. However, Bitcoin mining has become highly competitive and requires a significant investment in hardware and electricity.
3. Can I use Bitcoin for everyday purchases? Yes, Bitcoin can be used for everyday purchases at merchants that accept it as a form of payment. However, its acceptance is still limited compared to traditional currencies.
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