What is Bitcoin?: Absolutely Everything You Need to Know
Benjamin Brown, Nicole Smith
eBook
(Block Explorer, Oct. 5, 2018)
What is Bitcoin? * Bitcoin is a digital currency, hailed by many as the future of money. * Created by the mysterious Satoshi Nakamoto. His true identity has never been revealed. * Bitcoin exists outside the traditional bank and government systems. * It is built on a revolutionary system called blockchain.You’ve probably heard the stories about bitcoin… The Norwegian student who bought 5,000 bitcoins for $26 in 2009. Four years later, he was a millionaire. Or the early adopter who bought two pizzas for 10,000 bitcoins (worth $70 million at today’s prices). But what is bitcoin, exactly? How does it work? How do you buy bitcoin? Where should you store it? And is it safe? This guide will take you through it step-by-step (without any confusing jargon).