What is Bitcoin?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
How does Bitcoin work?
Bitcoin transactions are verified by network nodes through cryptography and recorded on a public distributed ledger called a blockchain.
Benefits of Bitcoin
- Decentralization
- Security
- Transparency
Investing in Bitcoin
Many investors see Bitcoin as a potential hedge against inflation and store of value.
