Segwit2X did an interview about bitcoin that occurred in August and he also discussed the issue of bitcoin in the world
As do so many people who ask about bitcoin
This is a common question we often hear
What is Bitcoin?
Who created Bitcoin?
Who controls the Bitcoin network?
How does Bitcoin work?
Is Bitcoin really used by many people?How to get bitcoin?
Is it hard to make a payment using Bitcoin?
What are the benefits of using Bitcoin?
What are the disadvantages of using Bitcoin?
Why do many people believe in Bitcoin?
Can I earn money with Bitcoin?
Is Bitcoin entirely virtual and intangible?
Is Bitcoin Anonymous?
What happens when bitcoin is lost?
Can Bitcoin grow into a key payment network?
This is the answer
- What is Bitcoin?
Bitcoin is a consensus network that enables new payment systems and money that are entirely digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority.
- Who created Bitcoin?
Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin community is growing rapidly as many developers are working on Bitcoin.
- Who controls the Bitcoin network?
No one has a Bitcoin network, just as no one has email operation technology. Bitcoin is controlled by all its users worldwide. Developers can indeed improve Bitcoin software, but they can not enforce changes in the Bitcoin protocol because all users are free to choose the software and version they want to use.
- How does Bitcoin work?
From a user point of view, Bitcoin is nothing more than a mobile app or a computer program that provides a Bitcoin wallet and allows users to send and receive bitcoins. This is how Bitcoin works for most users.
- Is Bitcoin really used by many people?
Yes. There are many businesses and individuals who use Bitcoin. Includes physical businesses in the real world like restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr. Although Bitcoin is a new phenomenon, it is growing very rapidly. At the end of August 2013, the total value of all outstanding bitcoins exceeded 1.5 billion US dollars, with billions of dollars worth of bitcoin exchange transactions made on every property.
Those are some answers to the common questions of the world
Here's a little interview also from Segwit2X about 9 minutes of video spin. Here all will be explained by him.
Informers about bitcoin like @kingscrown @jordanlindsey @zer0hedge @chitty I also share information here about bitcoin, keep sharing here :)
Youtube Video by The Modern Investor Channel
Continue to share, feel free to comment, I love steemit
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https://bitcoin.org/en/faq
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Hey @sitimunawarah !!
nice post , and its very good for those who have no idea about cryptocurrency , nice work , keep it up.
UPVOTED you.