[rank_math_breadcrumb]

i don’t understand what bitcoin is

Last Updated on May 19, 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

Understanding cryptocurrency: A beginners guide

Understanding cryptocurrency: A beginners guide

The simplest way to look at cryptocurrency is a form of stored value (money) that is not beholden to governments or central agencies like banks, …

You Don't Understand Bitcoin Because You Think Money is Real

You Don't Understand Bitcoin Because You Think Money is Real

Bitcoin is an illusion, a mass hallucination, so one hears. It’s just numbers in cyberspace, a mirage, insubstantial as a soap bubble.

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 …

How Does Bitcoin Work? Here's a Simple Explanation

How Does Bitcoin Work? Here's a Simple Explanation

Still Don’t Get Bitcoin? Here’s an Explanation Even a 5-Year-Old Will Understand. Still can’t figure out what a bitcoin is? This simple …

Bitcoin (BTC) Definition – Investopedia

Bitcoin (BTC) Definition – Investopedia

Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, …

How Bitcoin Works – Investopedia

How Bitcoin Works – Investopedia

A bitcoin at its core is data with ownership assigned. Data ownership is transferred when transactions are made, much like using your debit card …

Understand Cryptocurrency, but Don't Invest in It – TidBITS

Understand Cryptocurrency, but Don't Invest in It – TidBITS

When you purchase cryptocurrency, the transaction is written into a permanent, distributed ledger—a blockchain—that uses cryptographic …

A Beginner's Guide to Bitcoin and Cryptocurrency – CNET

A Beginner's Guide to Bitcoin and Cryptocurrency – 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 …

Am I the only person that still doesn't understand bitcoin?

Am I the only person that still doesn't understand bitcoin?

If that doesn’t make sense to you, you don’t understand bitcoin. Regardless of that bitcoin will “work”. You see. “Bit” (crypto) and “coin” (money) …