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Bitcoin is a currency designed to pay for goods and services, just like Euros or U.S. Dollars. But that’s where the similarities end. đầu tư kiếm tiền

Bitcoin, unlike a traditional currency, is:

  • Decentralized—no government or central bank controls the currency supply.
  • Digital—there are no physical Bitcoins or Bitcoin bills. The currency lives entirely online, tracked by blockchains, continuously growing groups of records that provide a complete history of each Bitcoin. (Imagine, for example, that you could use the serial number on a ten-dollar bill to look up every single time it changed hands.)
  • “Pseudo-Anonymous”—Bitcoins are tied to a wallet ID rather than your personal information, but this doesn’t make it entirely anonymous (more on that below).

Bitcoin was developed in 2008 by someone with the pseudonym “Satoshi Nakamoto.” This person published a paper discussing how Bitcoins could work and just a year later it started being traded and mined.

The reason people are so drawn to Bitcoins is the lack of middlemen and banks with hefty fees. Since it exists entirely online, your wallet ID (more on that later) is what is used in transactions, not your name and other information, unless you give it.