What is Bitcoin?

Bitcoin is a decentralised digital currency, also known as cryptocurrency. It presents a platform on which to effectively run currency as an application, on a network, with no central point of control. Bitcoin is the first system that allows the migration of institution-based money to network-based money. Cryptocurrency is, in loose terms, the “internet of money”. Like the internet, it is borderless and open.

Click here for a more detailed overview.

Did you find it helpful? Yes No

Send feedback