Tag: digital asset payment system

How Bitcoin Works For Dummies

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed 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 […]

Why Bitcoin Is Bad For Environment

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed 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 […]

How To Get Rich From Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. That means that unlike traditional currencies, which can be printed […]

What Is A Good Amount Of Bitcoin To Own

What is a good amount of bitcoin to own? This is a difficult question to answer because it depends on a number of factors, including your appetite for risk and your understanding of the technology. Some people believe that bitcoin is a digital gold and that it will be worth a lot in the future. […]

Why Computers Won Up Cracking Bitcoin

In 2009, when Bitcoin was first created, computers were nowhere near powerful enough to crack the cryptocurrency. However, in recent years, as Bitcoin’s value has surged, computers have become powerful enough to break into the digital currency. So, why did computers win up cracking Bitcoin? The main reason is that the cryptography that Bitcoin is […]

How Many People Have Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed 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 […]

What The Heck Is Happening To Bitcoin Right Now

As of January 8, 2018, the price of a single Bitcoin was hovering around $14,000. This is a significant increase from the $1,000 price tag it carried at the beginning of 2017. So, what’s behind Bitcoin’s meteoric rise? There are a few factors at play. For one, institutional investors are starting to take note of […]

Why Did Bitcoin Spike In 2017

Bitcoin is digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoin prices surged in 2017, reaching a record high of $19,783 […]

Where Is Bitcoin Illegal

As Bitcoin becomes more popular, the question of where it is and is not legal arises. Bitcoin is legal in most places, but there are a few countries where it is illegal. Bitcoin is legal in most countries. However, there are a few countries where it is illegal. In China, Bitcoin is illegal because it […]

Why Bitcoin Is Crashing

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoin prices have been on a roller coaster ride over […]