Bitcoin Ethos is a digital asset and payment system based on the blockchain technology. It was created by Satoshi Nakamoto, who is pseudonymous, in 2009.
Bitcoin is unique in that there are a finite number of them: 21 million.
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 Ethos has been called “a digital gold standard in the financial industry.” Its use has been described as an efficient way to send and receive money globally without the need for third-party intermediaries such as banks or PayPal.
Bitcoin Ethos is still in its early stages of development and adoption. Its future success will depend on its ability to gain trust and acceptance from the mainstream population.