It would take billions of dollars of computing power just to replicate a few coins. The transactions are automatically verified on the blockchain for everyone to see. The system is a decentralized peer to peer network so it is not policed, but that is the beauty of it. No central governing...
A lot of you have probably heard of "Bitcoin". I actually have very little knowledge/experience about trading but I'm just curious for some opinions/insights on the particular way in which the bitcoin market is moving.
2 months ago the price of 1 Bitcoin was ~$150 and now it is trading at over...