Convert Bitcoin to British Pound Sterling
Please provide values below to convert Bitcoin [BTC] to British Pound Sterling [GBP], or Convert British Pound Sterling to Bitcoin.
How to Convert Bitcoin to British Pound Sterling
1 BTC = 1.14157106871063e-05 GBP
Example: convert 15 BTC to GBP:
15 BTC = 15 × 1.14157106871063e-05 GBP = 0.000171235660306595 GBP
Bitcoin to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.