Bitcoin (BTC): What It Is & Information

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency. What makes it different from normal currencies? Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally. However, bitcoin’s most important characteristic, and the thing that makes it different from conventional money, is that it is a limited supply of 21 Million coins and fully decentralized. No single institution controls the bitcoin network. This puts some people at ease because it means that a large bank can’t control their money. You can make yourself an Online Wallet for Free to get a Unique Bitcoin Address where you will receive Payments. Desktop Wallets and Hardware Wallets are only for Advanced Users. On you can Sign up for Free and use their Wallet which is one of the safest Online Wallets out there. One other option would be Coinbase which is also very very safe to use!