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About Bitcoin
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that requires increasing quantities of electricity and guarantees the security of the bitcoin blockchain.
Based on a free market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender. Bitcoin is currently used more as a store of value and less as a medium of exchange or unit of account. It is mostly seen as an investment and has been described by many scholars as an economic bubble. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021. WikipediaAbout Swiss Franc
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank issues banknotes and the federal mint Swissmint issues coins.
In the various languages of Switzerland, it is often simply referred as German: Franken, French: franc, Italian: franco and Romansh: franc. It is also designated through currency signs Fr., fr., as well as in any other language, or internationally as CHF which stands for Confoederatio Helvetica Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions.
The smaller denomination, a hundredth of a franc, is a Rappen in German, centime in French, centesimo in Italian, and rap in Romansh.
The official symbols Fr. and fr. are widely used by businesses and advertisers, also for the English language. According to Art. 1 SR/RS 941.101 of the federal law collection the internationally official abbreviation – besides the national languages – however is CHF, also in English; respective guides also request to use the ISO 4217 code. Wikipedia