Post
Topic
Board Bitcoin Discussion
Re: What Is Bitcoin?
by
DoublerHunter
on 28/11/2017, 11:11:22 UTC
I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money
Bitcoin is a cryptocurrency the first decentralized digital currency or it is like a job in many people.These transactions are verified by network nodes and recorded in a public called a blockchain.It is used also in the online transcations like paying bills and etc.It is invented by people that is unknown.Bitcoin can also be held as an investment.
I agree with you that bitcoin is a job for many people because this is the way for them to make more money because of the different opportunities to have a job and source of income in bitcoin. Bitcoin is a really great opportunity for almost all things from being secured currency to great investment and also for becoming a very high income kind of work because you can earn up to x5 of your average income in the real world.