Assets, Bitcoin

What Did Bitcoin Do Podcast?

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin.

Over the course of bitcoin’s history, it has undergone rapid growth to become a significant currency both on- and offline. From the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

NOTE: WARNING: The content of ‘What Did Bitcoin Do Podcast?’ may be inappropriate for some audiences. The podcast contains explicit language, adult themes, and opinions that may not be suitable for young listeners. Be aware that the content may not necessarily reflect the views of the producers of this podcast. Listeners should use their own discretion when engaging with this podcast.

The price of a bitcoin reached US$1,139.9 on 4 January 2017.

As of September 2017, BTC is traded on cryptocurrency exchanges, and also used to pay for goods and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

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