Hello friends! Today I am discussing about the wallet named Zebpay. This wallet is very useful for all Bitcoin users which can be downloaded from google play store.
First of all the question is what is Bitcoin? Bitcoin is a digital currency which is valid all around the world and is considered legal in America.
The founder of Bitcoin is Satoshi Nakamoto. The reason for him to creating it is interesting. The banks credit the money from the customers in their bank account. For this bank give some interest to them. When the customer take loan from the bank they charge interest from them. The difference between give and take is huge. A time come later on when there is no amount in the bank to withdraw.
The another question is what is money? Money is a promise that given by the governor of RBI. Now the promise is taken back from Rs. 500 and 1000 notes then they become invalid. We all know that access of anything become awkward situation. So as in our economy.
The Bitcoin finishes these differences by the bank and also leftover the governor's promise.
You can create transactions with the help of Bitcoin without worried about the presence of currencies in your wallet.
As the bank gave interest to your deposits so as Bitcoin. It is the currency that can't be touched or feel. But is present in your wallet digitally. Whenever you invest in it this give you interest. As gold can be melted and form new one so as it. Melting of Bitcoin is called mining. Whatever you invest in it this goes in mining process and that how it gives you interest which is credited in your wallet.
Another question that how can we use it? As I told earlier, the Zebpay app should be downloaded and you can use it on hotel booking, recharge, make payment, restaurants, sale purchase Bitcoins, LIC premium, electricity bills, etc.
Since all the transactions are digitally made, it is totally secured and is paid after tax deduction. So no fraud.
Question about rate. So, it starts from 1 Bitcoin= Rs. 6/-. Slowly it raises to 1 Bitcoin= Rs. 45000/-. When I purchase it then the rate increases to Rs. 62000/-. Now at present 1 Bitcoin= Rs. 2 lakhs incredibly. The prediction says if this is the speed then after 2019, one Bitcoin values Rs. 2 crore. It means you can easily buy one charted plane with a single Bitcoin.
Its totally unbelievable and seems to be almost impossible. But it is true.
You are wondering that since it is digital so hackers can hack it easily. I tell you that this is impossible. Because hackers can solve 4 to 8 digit code. But your unique referral code or ID containing 16 digit code containing small and capital alphabets and numbers. Which almost impossible to decode.
So, without any hesitation anyone can use it as it is totally secure.
