You must have heard of bitcoins already but you don't quite understand what they are and how to get them.
Bitcoin is the first cryptocurrency created by Satoshi Nakamoto and the best known digital currency which unlike other fiat currencies and mediums of exchange holds real value. Simply put, Bitcoin is a global decentralized currency. The most positive and revolutionary thing about bitcoin is that it is a decentralized peer-to-peer digital cryptocurrency which means that no single institution, bank, government controls it's issue and value, therefore it transcends all the flaws of current monetary systems and fiat currencies. Behind bitcoin stands a revolutionary technology that enables a new way to send payments over the internet. You can think of it as an open accounting system where thousands of computers all over the world track ownership of digital tokens called bitcoins. When you send someone bitcoins, the transaction is broadcasted to the entire network. After it is verified, it's recorded in a public ledger called the blockchain.
Bitcoin is the first cryptocurrency created by Satoshi Nakamoto and the best known digital currency which unlike other fiat currencies and mediums of exchange holds real value. Simply put, Bitcoin is a global decentralized currency. The most positive and revolutionary thing about bitcoin is that it is a decentralized peer-to-peer digital cryptocurrency which means that no single institution, bank, government controls it's issue and value, therefore it transcends all the flaws of current monetary systems and fiat currencies. Behind bitcoin stands a revolutionary technology that enables a new way to send payments over the internet. You can think of it as an open accounting system where thousands of computers all over the world track ownership of digital tokens called bitcoins. When you send someone bitcoins, the transaction is broadcasted to the entire network. After it is verified, it's recorded in a public ledger called the blockchain.