Bitcoin - The New Cryptocurrency

Bit coin was designed to be a solution to this problem, and that's why it became so popular. It has a special type of data base called a block chain. And everyone who owns bit coin has their own copy of this book. So every time ha biton is sent from me to georgia, a copy of that transaction goes into everyone's book. People are excited about this because most normal data bases have someone in charge who can change the entries - for example, giving myself a thousand jamie dollars. But block chain is different to normal data basis because nobody, not the bank, ol the government, or the person who invents it is in charge and an change it