Is Bitcoin legal?

In the US, the answer is probably yes, but it still depend on what state you're in. Doing something illegal with Bitcoins---like bringing someone of buying drugs -- is still illegal.

Solve More Practice Questions

Artificial Intelligence or AI

AI is the broad branch of computer science. The goal of AI is to create systems that can function intelligently and independently. Humans can speak and listen to communicate through language. This is the field of speech recognition. Much of speech recognition is statistically based hence it's called statistical learning. Humans can write and read a text in a language.  Humans can see with their eyes and process what they see.  Humans recognize the scene around them through their eyes which create images of that world. AI ( pronounced AYE-EYE ) was coined by John McCarthy , an American computer scientist, in 1956 at The Dartmouth Conference. According to John McCarthy, it is “ The science and engineering of making intelligent machines, especially intelligent computer programs ”. Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems or you can say "  Artificial Intelligence (AI)  is the scienc...
Read more

Where do Bitcoin come from?

New Bitcoins are created in a process called "mining," which involves Bitcoin users attempting to figure out a complex mathematical solution related to the cuttent number of Bitcoins. Like finding a missing piece of a puzzle. Whomever finds the puzzle piece wins a certain number of Bitcoins, and the process starts all over again.
Read more

What is EDI (Electronic Data Interchange) ?

A term you might hear when talking about API's (sharing computing). It is a set of standards for exchanging information between computer applications. EDI is most often used as a way to send the electronic equivalent of structured documents between different organizations. One study showed that firms that used EDI decreased their error rates by 82 percent, and their cost of producing each document fell by up to 96 percent.
Read more