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  1. What is Bitcoin? Bitcoin Explained for Beginners (Updated 2024)

    • Learn what Bitcoin is, how it works, and why it's revolutionary in this comprehensive guide. Bitcoin is the first decentralized digital currency that gives you complete control over your moneySee more

    What Is Bitcoin Summary

    Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger calledthe blockchain, which is accessible for everyone t… See more

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    What Is Money?

    Before we talk about Bitcoin, I need to take a moment and talk about money. What is money exactly? At its core, money represents value. If I do some work for you, you give m… See more

    99Bitcoins
    Transitioning to Digital Money

    Once fiat money was in place, the move to digital money was pretty simple. We already have a central authority that issues money, so why not make money mostly digital and l… See more

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    What Is Bitcoin?

    In October 2008,a document was publishedonline by someone calling themself Satoshi Nakamoto. The document, also called a whitepaper, suggested … See more

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  2. Bitcoin Explained Simply for Dummies 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.

    Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.
    www.nerdwallet.com/article/investing/what-is-bitcoin
    Bitcoin for Dummies: What is Bitcoin? Bitcoin is a cryptocurrency that is open source and created for peer-to-peer money transfers. Imagine Paypal or Venmo without a central authority. No one to tell you what to pay, how to buy, when to buy with no worries of a huge fee.
    www.mymillennialguide.com/bitcoin-for-dummies/
    Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
    www.bbc.co.uk/newsround/25622442
     
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