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
I like how you want to help those who don't know much about bitcoin but i would be glad to share some information about bitcoin base on what i have learned here in this forum. What is bitcoin? Internet money, digital currency, bitcoin is generated when one person buy with the use of fiat money, bitcoin is decentralized which means no one control the flow of bitcoin. Bitcoin had it's value because of fiat money.