What is BitCoin❓

in #ccc5 years ago (edited)

What is BitCoin❓

Answer: It depends - depends on when you ask the question; who you ask and where you ask this question ...

According to Google -

What is a Bitcoin and how does it work?

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.

Related questions (will be covered in future videos) -

  • How do you get BitCoin?
  • Can Bitcoin be converted to cash?
  • Is Bitcoin legal?
  • Is Bitcoin Money?
  • Is Bitcoin safe?
  • How is Bitcoin used?

YouTube - Jun 26, 2014

  • Bitcoin - Open source P2P money - https://bitcoin.org
    Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org.

  • What is bitcoin? - CoinDesk
    https://www.coindesk.com/information/what-is-bitcoin
    To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you ...

  • What is Bitcoin? (v2) - YouTube
    https://www.youtube.com/watch?v=Gc2en3nHxA4


Apr 24, 2014 - The most watched Bitcoin introduction video ever. Updated in April 2014, this video explains how bitcoin works and the importance of this ...

  • Bitcoin - Wikipedia
    https://en.wikipedia.org/wiki/Bitcoin
    Bitcoin (₿) is a cryptocurrency. It 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. ... Bitcoins are created as a reward for a process known as mining.

  • What is Bitcoin? The Most Comprehensive Guide Ever! - Blockgeeks
    https://blockgeeks.com/guides/what-is-bitcoin/

  • https://youtu.be/A-L2M0l5dEY

    http://www.bitcoindemystified.com/

    https://www.youtube.com/watch?v=cdnfBA5Sw8M

    https://www.youtube.com/watch?v=15qZu-OHFk0

    https://www.youtube.com/watch?v=fSU3jBDogfg

    10 Signs of a Bitcoin Bull Run
    Crypto Tips
    Published on Aug 29, 2019



    source - https://cointelegraph.com/news/bitcoin-industry-celebrates-achievement-unlocked-as-trump-pumps-market
    Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12.

    In the hours after the United States’ president delivered his lackluster appraisal of crypto, the Bitcoin price stayed stable, only to then begin growing to hit 1% gains Friday.
    Then, the Fed chairman, the Treasury Secretary, IMF all made direct references to BitCoin https://cryptowidget.coolplugins.net/ - this is indeed historic❗
    And then in U.S. congressional hearing - source - Meltem Demirors Complete Congressional Testimony on Libra & Bitcoin - 07/17/2019 - https://www.youtube.com/watch?v=uxhS8Bdddak

    ...



    There is a new YouTube channel - https://www.youtube.com/channel/UCBAQgjMqCuXQXfmLhtZuIuA - Bitcoin and Friends | Episode 1
    https://cdn.steemitimages.com/DQmZYQE7mQ2jDJs6XCYfx8bTSef8mycr7far1LpYwpi3CVG/image.png

    Please note the warning before playing the video❗


    https://youtu.be/uzK1aDHgQDI

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