how do you explain bitcoin

Last Updated on May 23, 2023 by Paganoto

What Is Bitcoin? How Does It Work? – Forbes Advisor

What Is Bitcoin? How Does It Work? – Forbes Advisor

Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin's creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.”Jun 8, 2022

Bitcoin (BTC) Definition – Investopedia

Bitcoin (BTC) Definition – Investopedia

What Is Bitcoin?

What Is Bitcoin? BTC Price and How It Works – NerdWallet

What Is Bitcoin? BTC Price and How It Works – NerdWallet

Bitcoin is a form of digital cash that eliminates the need for central authorities such as banks or governments. Instead, Bitcoin uses a peer-to-peer internet …

What is bitcoin and how does it work? – New Scientist

What is bitcoin and how does it work? – New Scientist

Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer …

Bitcoin explained: Here's everything you need to know – CNET

Bitcoin explained: Here's everything you need to know – CNET

Simply put, bitcoin is a digital currency. No bills to print or coins to mint. It’s decentralized — there’s no government, institution (like a …

Guide: What is Bitcoin and how does it work? – BBC

Guide: What is Bitcoin and how does it work? – BBC

Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency – is a type of money that is completely virtual. It’s like an online …

What is Bitcoin? The Basics of Bitcoin Explained – CoinDesk

What is Bitcoin? The Basics of Bitcoin Explained – CoinDesk

In 2008, a pseudonymous programmer named Satoshi Nakamoto published a 9-page document outlining a new decentralized, digital currency. They …‎An Alternative To Fiat… · ‎How Does Bitcoin Work? · ‎How Is Bitcoin Created?

Bitcoin Explained Simply | Everything You Need To Know

Bitcoin Explained Simply | Everything You Need To Know

What is bitcoin in simple terms? Basically, bitcoin is a digital currency that has been created without the intervention of a central bank.

How to Explain Bitcoin to Your Grandparents – The Motley Fool

How to Explain Bitcoin to Your Grandparents – The Motley Fool

Bitcoin is a digital currency that uses blockchain technology to keep itself secure. Unlike money in your bank account, it doesn’t rely on a …