Cryptocurrencies In Albania And Kosovo

Bitcoin is a relatively new form of money – entirely digital. It is the first decentralized cryptocurrency, managed by the community of its users, working without having a supervision by central bank or management by an administrator. Unlike traditional payments, which third parties use to facilitate transactions, Bitcoin transactions do not need an intermediary, but go from one point to the other point, directly from person to person through a p2p (peer to peer) bitcoin network.

Since the invention of Bitcoin in 2009, other alternative cryptocurrencies ("altcoins") have been introduced. Up to date, over 1,500 cryptocurrencies exist, having reached an estimated market capitalization of USD 252,000,000,000 (two hundred fifty-two billion).