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 and recorded in a public ledger called a blockchain. 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 is pseudonymous, meaning transactions are not tied to real-world identities. However, the use of bitcoin can be traced back to real-world identities.
Transactions are recorded in a public ledger, but the names of the buyers and sellers are not revealed.
TheYellowCard allows users to buy and sell bitcoin with other users on the platform. The platform also allows users to exchange other cryptocurrencies for yellow card bitcoin.
TheYellowCard is one of the most popular bitcoin exchanges and allows users to buy and sell bitcoin with other users on the platform.