what is bitcoin simple words

Last Updated on August 17, 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 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.

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 In Simple Terms – C# Corner

Bitcoin Explained In Simple Terms – C# Corner

Bitcoin is a digital currency also known as a cryptocurrency or virtual currency, built on top of the blockchain technology. Yes, bitcoin is …

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, …

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 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 …

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 …

Bitcoin explained in layman's terms – NDTV.com

Bitcoin explained in layman's terms – NDTV.com

Bitcoins is a form of virtual currency– meaning, if you have bitcoins (we will get to how you obtain bitcoins later), you do not physically …