Assets, Bitcoin

Bitcoin Itu Apa Sih?

What is Bitcoin?

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin is decentralized, meaning it is not subject to government or financial institution control.

Transactions are verified by a network of computers using cryptography and recorded in a public ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

NOTE: This warning note is to inform all readers that the content found within the article titled ‘Bitcoin Itu Apa Sih?’ contains information about a highly volatile digital asset and its associated risks. It is advised that readers be aware of the potential for large gains as well as large losses associated with investing in cryptocurrency, such as Bitcoin. Please do your own research and understand the risks before investing.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin is relatively new and subject to much scrutiny. Its price has fluctuated wildly, growing from zero to more than $1,000 in just a few years.

It remains to be seen whether it will become more mainstream or fade into obscurity.

Previous ArticleNext Article