What Is Bitcoin?

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Economists, investors, enthusiasts and naysayers love to argue about the nature of bitcoin. Is it the future of money? A hedge against chaos? A pile of cash doused in lighter fluid? The thing is, it's hard to tackle the big questions unless you know something about the inner workings of bitcoin. So here's your guide to the basics of how the cryptocurrency functions: the concepts and vocabulary you need to know before you can start winning arguments on reddit.

Read more: What Is Bitcoin? | Investopedia https://www.investopedia.com/tech/what-is-bitcoin/#ixzz52hbbB0Rs 

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Comments

Melva Yanto on Saturday, 30 December 2017 04:51

Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer to make transactions because Bitcoin is fundamentally software.

As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it.

Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer to make transactions because Bitcoin is fundamentally software. As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it.
Anasry Delta Azim on Sunday, 31 December 2017 21:05

Vertcoin
Many currencies in existence today owe their origins--as well as their underlying structures and networks--to bitcoin. Vertcoin is one of these cases. It was built to incorporate additional decentralization measures, and the development team has a consistent track record of improving the underlying network. According to Coin Market Cap, there are currently over 41 million VTC in circulation, with a maximum supply of 84 million. It currently trades for $6.58 per coin.



Read more: 3 Obscure Cryptocurrencies to Watch | Investopedia https://www.investopedia.com/news/3-obscure-cryptocurrencies-watch/#ixzz52sIhzpnI
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Vertcoin Many currencies in existence today owe their origins--as well as their underlying structures and networks--to bitcoin. Vertcoin is one of these cases. It was built to incorporate additional decentralization measures, and the development team has a consistent track record of improving the underlying network. According to Coin Market Cap, there are currently over 41 million VTC in circulation, with a maximum supply of 84 million. It currently trades for $6.58 per coin. Read more: 3 Obscure Cryptocurrencies to Watch | Investopedia https://www.investopedia.com/news/3-obscure-cryptocurrencies-watch/#ixzz52sIhzpnI Follow us: Investopedia on Facebook
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