Bitcoin is both a cryptocurrency and an electronic payment system:3 invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009. The identity of Nakamoto remains unknown, though many have claimed to know it. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain, which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed, and it is more correctly described as the first decentralized digital currency. Bitcoin is the largest of its kind in terms of total market value. Bitcoins are created as a reward in a competition in which users offer their computing power to verify and record bitcoin transactions into the blockchain. This activity is referred to as mining and successful miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services. When sending bitcoins, users can pay an optional transaction fee to the miners. This may expedite the transaction being confirmed. As of February 2015, over 100,000 merchants and vendors accept bitcoin as payment. Instead of a 2–3% fee typically imposed by credit card processors, merchants accepting bitcoins often pay fees of 0% to less than 2% of the total purchase. Despite the fourfold increase in the number of merchants accepting bitcoin in 2014, the cryptocurrency did not have much momentum in retail transactions. The European Banking Authority and other sources have warned that bitcoin users are not protected by refund rights or chargebacks. The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and media. Criminal activities are primarily focused on darknet markets and theft, though officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services.
764 PKR Pakistani Rupee exchange rates
The Pakistani rupee (Urdu: روپیہ / ALA-LC: Rūpiyah; sign: ₨; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services. In Pakistan, the rupee is also spelled as "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands, lakh (100 thousand) and crore (10 million), 1 Arab (1 billion), 1 Kharab (100 billion).
The 764 BTC to PKR mid market rate, (a.k.a 764 Bitcoin to Pakistani Rupee mid market rate) is derived from the mid-point between the "buy" and "sell" rates from global currency markets.
764 BTC Bitcoin to PKR Pakistani Rupee exchange rate chart analysis
A market-based 764 BTC to PKR exchange rate will change whenever the values of either of the two component currencies change (In this case, it's 764 Bitcoin and Pakistani Rupee). Bitcoin will tend to become more valuable whenever demand for it is greater than the available supply. Bitcoin will become less valuable whenever demand is less than available supply (this does not mean people no longer want money, it just means they prefer holding their wealth in some other form, possibly another currency).
764 BTC Bitcoin to PKR Pakistani Rupee news trends analysis
Square, a mobile payments and merchant services provider based in California and founded by Twitter's Jack Dorsey, had ventured into the world of cryptocurrencies with their Square Cash App earlier this year. With over 7 million active users...
Craig Wright, a strong believer of the Bitcoin Satoshi's Vision implementation of the Bitcoin Cash [BCH] blockchain, recently appeared on a video hosted by Tone Vays, a Bitcoin maximalist to speak about the upcoming hard fork, which is scheduled on November 15, 2018.The Bitcoin Cash...
PETALING JAYA: PKR party election candidates are advised not to to be "syok sendiri" (being self-indulgently overexcited) in claiming they have won, as the polls are still ongoing and the finish line hasn’t been reached yet.
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764 BTC Bitcoin to PKR Pakistani Rupee converter
Disclamer: 764 BTC Bitcoin to PKR Pakistani Rupee converter is provided to give you some guidence about how to convert 764 BTC Bitcoin to PKR Pakistani Rupee into other currencies based on the exchange rates today. You might need to find local forex traders to do the actual conversion.
764 BTC Bitcoin vs PKR Pakistani Rupee ratings
Disclamer: 764 BTC Bitcoin vs PKR Pakistani Rupee ratings are calculated by comparing BTC Bitcoin and PKR Pakistani Rupee's influence on Google, Wikipedia, Youtube, Twitter, Instagram and Facebook with other currencies in the world. Generally speaking, the bigger the hexagon is, the higher BTC Bitcoin vs PKR Pakistani Rupee ratings should be on the internet!