Many people underestimated Bitcoin many years. Not getting involved in Bitcoin is like saying I don’t think I’ll ever use the internet. A quarter century ago, many people dismissed the internet as an impractical toy for computer nerds. No you don’t understand, the dollar is the biggest scam ever. Bitcoin isn’t going up in value, it’s the dollar devaluing at a hyperinflationary rate to Bitcoin. […]
Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin.
Why was Bitcoin created? The answer lies in “The Financial Crisis of 2008”. After the Financial Crisis, people started to wish for a new system of money that would not have the shortcomings of regular currencies.
When you start to look at Bitcoins Rich List, you will start to see how you will never be in the Top 100 Richest Wallets, simply because you dont mine, you dont know enough about the tech, you didnt know about Bitcoin soon enough or you dont care.
Did you previously use PayPal for most of your online transactions before discovering Bitcoin? Think again!
Wondering how many bits are in a bitcoin? Or how many satoshis are in a bitcoin? Here’s the answer. Bitcoin has been around a while and at first it was just called Bitcoin (or BTC).
Here you will find a complete bitcoin glossary that will help you to understand digital currency by explaining commonly used terms and their meanings.
When bitcoin launched in 2009, it was virtually worthless. Thousands of bitcoins equaled just a few pennies. Today …
2140 – Estimated date last bitcoin will be mined, according to TradeBlock data.
21 MILLION – Total bitcoins that will ever be issued.
2007 – The Legend – According to legend, Satoshi Nakamoto began working on the Bitcoin concept in 2007.
2008 – August 15, 2008 – Three individuals, Neal Kin, Vladimir Oksman, and Charles Bry file an application for an encryption patent application.