Convert Bitcoin to Bermudan Dollar
Please provide values below to convert Bitcoin [BTC] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Bitcoin.
How to Convert Bitcoin to Bermudan Dollar
1 BTC = 8.44990905059608e-06 BMD
Example: convert 15 BTC to BMD:
15 BTC = 15 × 8.44990905059608e-06 BMD = 0.000126748635758941 BMD
Bitcoin to Bermudan Dollar Conversion Table
| Bitcoin | Bermudan Dollar |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.