Post
Topic
Board Bitcoin Discussion
Re: What Is Bitcoin?
by
sapnu
on 23/02/2018, 06:46:11 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 and worldwide payment system. It is the first decentralized digital currency. Its conception is peer-to-peer and transactions take place between users directly, without an intermediary.
Bitcoin is actually a digital money that can be access using your own gadget such as android phone, laptop or desktop computer. Also you need a internet connection before you can access it. It can also be your asset since it is money so you can earn it by your own knowledge as long aa you have kniwledge on how to earn it. There are so many ways of earning that kind of cryptocurrency.