What is bitcoin?

in #bitcoin6 years ago

Bitcoin (short for BTC) is a digital currency with a total volume of 21 million, which is decentralized, global and anonymous like the Internet.

8Transferring bitcoin to the other side of the world is as simple, low-cost and unlimited as sending an email. Bitcoin is thus used for cross-border trade, payments, remittances and more

Bitcoin began in 2008 with the mysterious Satoshi Nakamoto's paper, "bitcoin: a peer-to-peer electronic cash system (Chinese version)." In the six years since its birth, bitcoin has stood tall as an unprecedented new currency after numerous market tests and technological attacks. Bitcoin has grown into a global currency system with millions of users, tens of thousands of merchants accepting payments and a market value of up to $10 billion.