Posts Tagged ‘what is a bitcoin’

Bitcoin: Global Currency of the Future?

Written by Michael Awada on . Posted in Business, Social Media, Technology

what-is-bitcoin

Bitcoin is a form of digital currency that’s dramatically shaking up the way goods and services are exchanged on the global stage.

Bitcoin is an experimental form of global currency that was formed in 2008 by an anonymous cryptographer under the pseudonym Satoshi Nakamoto.

Bitcoin is the most unique form of currency in the world; it’s based on a peer-to-peer system with no central authority to issue new money or track individual transactions. Instead, the collective network of Bitcoin traders themselves manage the network.