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Bitcoin

Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was invented by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to bitcoin.

What Is Bitcoin? Definition, How It Works, and How to Buy It Thumbnail

What Is Bitcoin? Definition, How It Works, and How to Buy It

Andrew Latham

What Is Blockchain? Definition, How It Works, and Real-World Uses Thumbnail

What Is Blockchain? Definition, How It Works, and Real-World Uses

Andrew Latham

Crypto Whales: Definition, Market Impact, and Examples Thumbnail

Crypto Whales: Definition, Market Impact, and Examples

SuperMoney Team

Global Digital Asset Xchange: What It Is, How It Works, Types, and Examples Thumbnail

Global Digital Asset Xchange: What It Is, How It Works, Types, and Examples

Silas Bamigbola

Bitcoin Unlimited: Definition, History, and Implications Thumbnail

Bitcoin Unlimited: Definition, History, and Implications

SuperMoney Team

The Genesis Block: Cryptocurrency's Birth - Creation, Secrets, and Impact Thumbnail

The Genesis Block: Cryptocurrency's Birth - Creation, Secrets, and Impact

Silas Bamigbola

Exploring Ether (ETH): Understanding Ethereum's Native Cryptocurrency Thumbnail

Exploring Ether (ETH): Understanding Ethereum's Native Cryptocurrency

Rasana Panibe

What is Namecoin (NMC)? Definition, Use Cases, and Potential Applications Thumbnail

What is Namecoin (NMC)? Definition, Use Cases, and Potential Applications

Abi Bus

Bit Gold: Origins, Differentiation, and Modern Influence Thumbnail

Bit Gold: Origins, Differentiation, and Modern Influence

Silas Bamigbola

What is Block Time? Understanding its Role in Cryptocurrencies, Validation Processes, and Network Security Thumbnail

What is Block Time? Understanding its Role in Cryptocurrencies, Validation Processes, and Network Security

Alessandra Nicole

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Learn About Bitcoin

Thumbnail for Blog Article: Citibank Execs Introduce Bitcoin Depositary Receipts

Citibank Execs Introduce Bitcoin Depositary Receipts

SuperMoney Team

Thumbnail for Blog Article: Bitcoin: Wave Of The Future Or A Thing Of The Past?

Bitcoin: Wave Of The Future Or A Thing Of The Past?

Tania Galloway

Thumbnail for Blog Article: Ethereum Rainbow Chart Explained: How Investors Use It To Inform Buy & Sell Decisions

Ethereum Rainbow Chart Explained: How Investors Use It To Inform Buy & Sell Decisions

Benjamin Locke

Thumbnail for Blog Article: How to Open a Bitcoin Bank Account

How to Open a Bitcoin Bank Account

Benjamin Locke

Thumbnail for Blog Article: How To Get Free Bitcoin And Why You Should

How To Get Free Bitcoin And Why You Should

Benjamin Locke

Thumbnail for Blog Article: What Is Deflationary Currency And It's Role In Modern Economics

What Is Deflationary Currency And It's Role In Modern Economics

SuperMoney Team

About Bitcoin

Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was invented by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009. Transactions with bitcoin are recorded on a public distributed ledger called the blockchain, which allows users to verify the validity of each transaction. Because it is decentralized and not subject to government regulation, some people see bitcoin as an attractive alternative to traditional currencies. However, its volatile exchange rate and potential for use in illegal activities have also raised concerns.