Post
Topic
Board Beginners & Help
Re: What is right about Bitcoin?
by
348Judah
on 28/03/2023, 10:09:51 UTC
I am very confusing when people and media use different words to describe about Bitcoin.

They can use words like
Virtual currency
Digital currency
Cryptocurrency
Electronic cash

I am very confusing with words like "virtual currency" but I don't know what is a best word to use to say about Bitcoin.

In whitepaper, it is "A purely peer-to-peer version of electronic cash" but it is a long phrase.

https://bitcoin.org/bitcoin.pdf

Have you taken time by yourself in making research on what bitcoin actually means, quite alright tou could get different definition or interpretation from people and online sources but you can have this conviction that the most talked about one is likely to be accurate in defining what bitcoin is, and i will advise you begin the search from knowing what is cryptocurrency first and the examples of cryptocurrencies we have.