Bitcoin
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm.
With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control.
Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles.
Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin.
The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.
Cryptocoins News / The Cointelegraph β - 2 years ago
No fresh BTC price catalyst from the Fed as Chair Jerome Powell fails to mention inflation altogether. Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall S...
Bitcoin News / Bitcoin.com - 2 years ago
Ethereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs. Following a move to a three-week peak to start the week, markets maintained bullish sentiment, earlier in the day. Bitcoin also upheld r...
Bitcoin News / Google News Bitcoin - 2 years ago
Homesteader Conversations: Feeding Your Family And Building A Bitcoin Community In Southern Portugal& & Bitcoin Magazine
Bitcoin News / Bitcoin Magazine - 2 years ago
A homesteader in Portugal shares her experiences running a farm, feeding her family and supporting a Bitcoin community through workshops.In the conversation for this article, Julia joined me from her home in Southern Portugal to chat about her homest...
More / Bitcoin Reddit - 2 years ago
Instead we should be saying "converting to Bitcoin" as one would say "I'm converting my dollars to euros." submitted by /u/Paterakis518 [link] [comments]
More / Bitcoin Reddit - 2 years ago
The charts are quite closely mirroring the charts from 4 years ago. Not ATHs, but seems clear to be there will be a medium sized pump within the next few months. https://youtu.be/GFC_WwlYfrk submitted by /u/TheGlittering_Toe [link] ...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs& & CointelegraphBitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech& & Yahoo FinanceBitcoin Holds After a Rally. Why It May Not Last and Where Cryp...