Category: Bitcoin Information

Bitcoin is a digital currency that was created and held electronically. No one controls it. Bitcoins aren’t printed, like fiat currency –there would only ever be 21 million bitcoins in total.  they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

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