What is Bitcoin? Everything you need to know about the infamous cryptocurrency
Bitcoin’s price has soared over recent years, but many people are still baffled by what exactly it is - so let us explain! Bitcoin is a virtual currency known as “cryptocurrency”. It has enabled people to move money around the world at speed without central oversight, enabling a dizzying array of new applications. Anyone can own and use Bitcoin, and it’s straightforward to get started. What’s the history of Bitcoin? Bitcoin was first outlined in a white paper, uploaded in 2008 to the P2P Foundation’s website by an anonymous author known only as “Satoshi Nakamoto”....