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Bitcoin

Bitcoin (BTC) is the 1st decentralized digital currency that was created in 2008. The coin uses innovative blockchain technology to store payment transactions between users. So, there is no need for a central bank or 3rd party to overlook transactions between users of Bitcoin. As a result, this makes Bitcoin is the 1st currency in history that is not related to a government or central authority. You can fully control your Bitcoin wallet and transactions.

How can I use Bitcoin?
Bitcoin can be used just like any other currency or other forms of money. You can pay for services and goods (online & offline) and use Bitcoin for trading. Or invest for the long-term, in this case, make sure you store your Bitcoins safe, preferably on a secure offline wallet.

Who founded Bitcoin?
It remains a question who created the Bitcoin concept. In October 2008 a whitepaper named "Bitcoin: A Peer-to-Peer Electronic Cash System" was released. The foundations of Bitcoin as we know it today have been set out in this paper. It was published under the pseudonym, Satoshi Nakamoto.

In the past years, many people have claimed to be Satoshi Nakamoto, but we are probably never going to know the true identity of the creator of Bitcoin. Since Bitcoin is built as an open-source network, it grows daily thanks to the input of thousands of developers and users globally. With the result, no individual or company has control over the direction Bitcoin is going. Bitcoin will continue to meet the community's needs and expectations as they keep evolving.

Can I earn money with Bitcoin?
Yes, you can earn money by selling & buying Bitcoin. Sell for a higher price than what you bought them for. Bitcoin can be used to trade almost every other cryptocurrency. In past years, Bitcoin's value has increased a lot, but also had some significant losses. In 2017 the Bitcoin rate peaked at almost $ 20.000 per Bitcoin. Be aware that Bitcoin has proven to be volatile, so losses can follow profits. Always trade responsibly.

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  • 21.000.000
  • # 1

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Latest news

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Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways

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Wall St. to Washington: Bakkt Launches New Products, CEO Joins Senate

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Russia's Largest Darknet Market Is Hawking an ICO to Fund Global Expansion - CoinDesk

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Shopin Founder Pleads Guilty to Orchestrating Fraudulent $42 Million ICO

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Introducing 'The Breakdown' With Nathaniel Whittemore - CoinDesk

Introducing 'The Breakdown' With Nathaniel Whittemore - CoinDesk

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Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets - CoinDesk

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Max Keiser: Bitcoin's first function is to clean up the mess left by fiat

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Hold Tight, Here Come the Blockchain Wars - CoinDesk

Hold Tight, Here Come the Blockchain Wars - CoinDesk

12-12-2019 / 19:00
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Ride 'Em, Cowboy: Bitmain's Marketing Gambit Ups Its Texas-Sized Position on Bitcoin - CoinDesk

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Security Token Offerings Are (Finally) Set for Takeoff in 2020 - CoinDesk

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Bitmain Expands in South America as Its Market Share Drops to 66%

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Billion Dollar Returns Removed from Libra White Paper - CoinDesk

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2019: The Inflection Point for Data Privacy - CoinDesk

2019: The Inflection Point for Data Privacy - CoinDesk

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Binance Announces Partnership With Paxful Enabling 167 Fiat Currencies

Binance Announces Partnership With Paxful Enabling 167 Fiat Currencies

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Bitcoiners Are Building a Sidechain Version of Ethereum's MakerDAO - CoinDesk

Bitcoiners Are Building a Sidechain Version of Ethereum's MakerDAO - CoinDesk

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Equilibrium's Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically - CoinDesk

Equilibrium's Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically - CoinDesk

12-12-2019 / 14:05
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