simple what is bitcoin

Last Updated on May 2, 2023 by Paganoto

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 version of cash. You can use it to buy products and services, but not many shops accept Bitcoin yet and some countries have banned it altogether.

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, …

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 …

Bitcoin – Simple English Wikipedia, the free encyclopedia

Bitcoin – Simple English Wikipedia, the free encyclopedia

Bitcoin (₿) is a digital and global money system cryptocurrency. It allows people to send or receive money across the internet, even to someone they don’t …

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.

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 (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, …

What is Bitcoin? A Simple Explanation for Kids and Beginners

What is Bitcoin? A Simple Explanation for Kids and Beginners

Created in January 2009, Bitcoin is now the most popular digital currency – or cryptocurrency – in the world. It has no physical presence – there are no Bitcoin …

How Does Bitcoin Work? Here's a Simple Explanation

How Does Bitcoin Work? Here's a Simple Explanation

I simplified quite a bit … But that system I explained exists. It’s called the Bitcoin protocol. And those digital apples are the bitcoins …