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Bitcoin is a decentralised digital currency that operates using cryptography, making it secure and reliable. It was created in 2009 and is the first and most well-known cryptocurrency. Transactions with bitcoin are recorded on a public, decentralised blockchain, allowing transparent and verifiable tracking of the currency. Bitcoin can be used for many purposes, including purchasing goods and services and has become a popular investment option due to its high potential for returns.
Resource Link: https://collectiveshift.io/bitcoin/what-is-bitcoin/
Timestamps
00:00 Intro
00:20 Bitcoin
01:59 What makes Bitcoin valuable?
03:26 Censorship Resistant
05:05 Technological Advancements
06:46 Finale
5
11 ratings
Bitcoin is a decentralised digital currency that operates using cryptography, making it secure and reliable. It was created in 2009 and is the first and most well-known cryptocurrency. Transactions with bitcoin are recorded on a public, decentralised blockchain, allowing transparent and verifiable tracking of the currency. Bitcoin can be used for many purposes, including purchasing goods and services and has become a popular investment option due to its high potential for returns.
Resource Link: https://collectiveshift.io/bitcoin/what-is-bitcoin/
Timestamps
00:00 Intro
00:20 Bitcoin
01:59 What makes Bitcoin valuable?
03:26 Censorship Resistant
05:05 Technological Advancements
06:46 Finale
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