Bitcoin (BTC) is the first decentralized digital currency, created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It lets people send money directly to each other over the internet without using a bank or government. [1, 2, 3, 4, 5]
How Bitcoin Works
Blockchain: All transactions live on a public digital list. Everyone can see it, but nobody can change it.
No Middleman: Computers around the world check the rules instead of a single bank.
Mining: Powerful computers solve hard puzzles. They add new data and win new coins.
Capped Supply: Only 21 million coins will ever exist. This limit makes it like digital gold. [1, 2, 3, 4]
Watch this brief video to understand the core concepts behind Bitcoin and its public ledger system:
#USTariffsOnCanadianGoodsTakeEffect #USDollarFallsToThreeMonthLow #TeslaHitsMonthlyHigh #GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop
How Bitcoin Works
Blockchain: All transactions live on a public digital list. Everyone can see it, but nobody can change it.
No Middleman: Computers around the world check the rules instead of a single bank.
Mining: Powerful computers solve hard puzzles. They add new data and win new coins.
Capped Supply: Only 21 million coins will ever exist. This limit makes it like digital gold. [1, 2, 3, 4]
Watch this brief video to understand the core concepts behind Bitcoin and its public ledger system:
#USTariffsOnCanadianGoodsTakeEffect #USDollarFallsToThreeMonthLow #TeslaHitsMonthlyHigh #GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop