Bitcoins has emerged as a priceless must own asset today. It is often referred to as a decentralized digital currency, though it fits to be called; an electronic asset (Lewis, n.d). Lewis continues to argue that, if the internet were a country,bitcoin would be its currency. The economic theory, whose main elements include; nature space that houses, diversity; human space that holds satisfaction of basic needs; social space that holds plan and market; and world space holding world systems all summed up into the reaction of supply and demand. The activity follows the three economical natural laws; self-interest, competition and supply and demand.There are two parts to bitcoin pay which includes; (1) payments of bitcoins from one person to ano...