Assets, Bitcoin

When Was Bitcoin Created?

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto, and started in 2009 when its source code was released as open-source software.

NOTE: WARNING: Investing in Bitcoin can be risky. Before investing in Bitcoin, it is important to understand when it was created and how the cryptocurrency works. The date when Bitcoin was created is not set in stone, as the coin itself has evolved over time. It is important for investors to research and ensure they understand the technology behind Bitcoin before taking any financial risks.

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.

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