INTRODUCTION Bitcoin is a peer-to-peer electronic cash system and digital currency introduced as open source software in 2009 by Satoshi Nakamoto. It is a cryptographic currency because it uses cryptography to control the creation and transaction of money. It is created by a process in which the user can send and receive bitcoins using the “Wallet” software on a personal computer, mobile device, or any web application. Bitcoin can be earned in exchange for products, services or other currencies. Any transaction using bitcoin transfers ownership from one digital wallet address to another using bitcoin mining. Mining is the process of providing a synchronized and secure network system for transactions using computers and digital technology controlled by several “Data Centers”. It is designed to be completely decentralized with smaller data centers operating in all countries and no individual having control over the network. HISTORY OF BITCOIN The term "Bitcoin" was first described in 1998 by Mr. Wei Dai in a mailing list called "Cypherpunks" as a cryptocurrency. He suggested the idea of ​​a new form of money that uses the cryptographic language of computing to control its creation and transactions with virtually no prior central authority.  The first specification and proof of concept of bitcoin was published by a pseudonymous community called “Satoshi Nakamoto' in 2008 in the cryptography mailing list. In January 2009, Sitoshi Nakamoto issues the first bitcoin by creating an open source bitcoin client network with mining of the first bitcoin block, called the “genesis block” which had a reward of 50 bitcoins  On August 15, 2010, over 184 billion bitcoins were generated in one transaction and sent to two addresses on the network… middle of paper. .. could become a rage when inflation rises to very high levels.high level or when the demand for money cannot be met by the central bank of each individual country. It is ironic that currency, first created by inflation man many thousands of years ago, can be replaced by something that was invented only 3 -4 years ago and that in an online currency. So, technological progress has made it possible to even replace something as important as currency. Although there is a recent bankruptcy contradiction in the bitcoin market, investors are trying to invest more and more in bitcoin. So, we can interpret that bitcoin will help make future transactions smooth, efficient and more productive. Bitcoin can be easily used as a digital currency in many African and Asian countries where the reliability of their national currency is very low due to severe economic conditions.