• What is the Bitcoin?

The bitcoin, literally a coin made of bits, is a decentralized digital cryptocurrency created in 2009 by an anonymous developer known under the pseudonym Satoshi Nakamoto. Its symbol is BTC.

• Decentralized because there is no dependency on one central emitter.
• Digital because it is created and stored electronically.
• Crypto because cryptography is used to control the creation and transfer of money.

The bitcoin is a currency while Bitcoin is the payment system used to exchange it.
The bitcoin is very similar to gold. Only 21,000,000 Bitcoins will ever be created as only X amount of gold will ever be discovered on Earth. This is different from usual currencies where central banks can print money at their discretion. (suite…)

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