What is Bitcoin ?
Bitcoin (BTC) is a digital currency, created in 2008 by an unknown person or organisation under the pseudonym Satoshi Nakamoto. Is is a medium of exchange and uses cryptography to secure financial transactions. The idea behind the invention of Bitcoin was to create an electronic currency to make p2p payments without the need for third-party approval, thus reducing or even eliminating the problem of double-spending. Bitcoin is deployed on a blockchain, which works without any connection to the banking system. This makes it possible for the value of this currency to be determined by its users and no one else. We could safely say that this is a currency that really belongs to the people.
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