What Is Bitcoin and How Does It Work?

Bitcoin is a decentralized digital currency that is exchanged between two parties without the involvement of intermediaries such as banks or other financial institutions.

Bitcoin is “a peer-to-peer version of a fully electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution.”

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Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

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This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.

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You can buy Bitcoins using 'real' money.You can sell things and let people pay you with Bitcoins. Or they can be created using a computer.

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Anyone can create a free Bitcoin wallet by downloading the Bitcoin program. Each wallet has a public key and a private key

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What Is Bitcoin and How Does It Work?

What Is Bitcoin and How Does It Work?

Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments.

Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments.

Bitcoin is a decentralized digital currency that is exchanged between two parties without the involvement of intermediaries such as banks or other financial institutions.

Bitcoin is a decentralized digital currency that is exchanged between two parties without the involvement of intermediaries such as banks or other financial institutions.

Bitcoin is “a peer-to-peer version of a fully electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution.”

Bitcoin is “a peer-to-peer version of a fully electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution.”

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.

This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.

You can buy Bitcoins using 'real' money.You can sell things and let people pay you with Bitcoins. Or they can be created using a computer.

You can buy Bitcoins using 'real' money.You can sell things and let people pay you with Bitcoins. Or they can be created using a computer.

Anyone can create a free Bitcoin wallet by downloading the Bitcoin program. Each wallet has a public key and a private key

Anyone can create a free Bitcoin wallet by downloading the Bitcoin program. Each wallet has a public key and a private key

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What Is Bitcoin and How Does It Work?, How does bitcoin mining work? , Can Bitcoin be considered a real currency?

What Is Bitcoin and How Does It Work?, How does bitcoin mining work? , Can Bitcoin be considered a real currency?