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RE: Bitcoin for beginners: Chapter 1

in Cryptocurrency7 months ago

R U Bitccurious

Bitcoin is the worlds first digital money, built on the world's first cryptographically protected digital ledger. Cryptography is a special type of math, which hides things, in a process called encryption. Encryption is normally used to hide things, like military or government communications. But bitcoin the cryptocurrency and Bitcoin, the digital ledger, use this technology called cryptography to create the worlds firt transparent, distributed, unchangable digital ledger and money transfer system, which creates a level or fair and equitable economic and commercial playing field for the world.