Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks. Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
$22,731.10 – $23,367.96
52 Week Range
$15,914.82 – $48,074.58
All Time High
% down from ATH
Days since ATH
Bitcoin Is Medicine
I know what you're thinking. "Bitcoin doesn't have any physical ingredients. What does this have to do with nutrition?" True, Bitcoin is a decentralized digital property that uses cryptography to secure transactions and control the creation of new units, which records and verifies all transactions on a public ledger.
The Evolution of Bitcoin Narratives with Harry Sudock — What Bitcoin Did
Harry Sudock is Chief Strategy Officer at Griid. In this interview, we discuss a range of narratives evolving in 2023: how Bitcoin’s value is to be explained to newbs, making sense of the general paranoia in society, the critical importance of nuclear energy, and making sense of 2022’s financial contagion within crypto.
The "Cramer Curse": An Analysis of Jim Cramer's Impact on the Crypto Market - BITNEWS24
The phenomenon known as the "Cramer Curse," where his positive tweets about crypto are seen as a sign of an impending market collapse.
SLP457 Bitcoin as International Money with Bill Hill & Malcolm Weed
Bill Hill from Pouch (Bitcoin Island Philippines) and Malcolm Weed from Neutronpay join me to talk about Bitcoin as international money and the scene in Asia. Bill and Malcolm share some insights into Bitcoin and lightning on the ground, and remittance corridors. We also talk about their upcoming events, Lightningcon in Da Nang and Bitcoin…