Video: „What is Bitcoin? Bitcoin Explained Simply for Dummies“

By 99Bitcoins

„Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see. Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more places accept it as a payment method.“
A beginner’s guide to the world’s most popular digital currency.

A beginner’s guide to the world’s most popular digital currency.In the same way we now accept that we can use a PayPal account to make a payment to a pizza delivery company, the same will happen to bitcoin businesses and bitcoin payments. So, while we may not need to think about money directly being paid in bitcoin anymore, we will still be needing bitcoin as a tool to communicate with each other and for online services that do not yet support it.

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