What the Heck Is Bitcoin? Here’s Everything You Need to ...
What the Heck Is Bitcoin? Here’s Everything You Need to ...
What The Heck is Bitcoin? And How do You Use it? Budgets ...
What the heck is bitcoin? README
Bitcoin, what the heck is it? - JoshiesWorld.com
What Is Bitcoin and How the Heck Does it Work? Here Are ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Do stuff for some coin or give it away, it's just that easy!
Want to earn some coin? Want to give some coin? Want to exchange coin for tasks or objects no matter how serious or silly? Then this is the place for you! There are many subreddits that pay you for tasks but this one is just for cryptocurrency! That's right any cryptocurrency is welcome here so go a head and make a post! Contests are welcome too!
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Background A group or person with the pseudonym Satoshi Nakamoto published the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008. Satoshi was active in the bitcoin community for the first few years in order for an initial community to be assembled to further develop the technology so that bitcoin is not led by one person or group. Satoshi Nakamoto stopped posting in online forums in 2011 and the onus to develop the bitcoin protocol shifted to the early community. Many theories remain as to the true identity of the creator of bitcoin and many people have come forward claiming to be Satoshi but they have provided little or no proof. There have been previous attempts to create digital currencies that are appropriate for the internet age over the past decade, however many have failed due to the centralisation of the currency and lack of trust in the project. The digital currencies were vulnerable to cyber-attacks and fraud. Digi Cash is a notable example. Ok but what the heck is it? Bitcoin is an open-source, peer-to-peer transaction system without a central authority to control it. In traditional fiat monetary systems (USD, GBP & EUR) , a central institution usually controls the money supply and interest rate in order to maintain financial stability. This role is typically fulfilled by a central bank. Bitcoins on the other hand, are created through a process called mining, which decentralises the currency issuance and clearing functions of a central bank. No central authority is able to influence the money supply. The total number of bitcoins that will ever be mined is 21 million and this might be reached in the year 2140. The rate of issuance for bitcoin follows a predictable model which can be validated through cryptography and the core code. Bitcoin issuance decreases with time, and over the long term, bitcoin is deflationary.
So, what the heck is Bitcoin? [Did not join site to read, but first line: "Satoshi Nakamoto, a Japanese resident of California, is credited with creating the concept for the currency in 2009." Is journalism totally dead?]
[uncensored-r/Bitcoin] What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some l...
The following post by Diannao_Heike is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7cva12 The original post's content was as follows:
I don't get why it is rising in price when it looks like a poor clone. Why people is buying it?
At the time of writing, Bitcoin touched the $15,000 $17,000 mark. The year started with Bitcoin being valued at less than $800. By September, the rate had shot up to $3,500 and a couple of weeks back, it went past $10,000. This was bound to get quite a few heads turning, even if that meant you had no clue what bitcoin is. Bitcoin, what the heck is it? By Joshua Sullivan. July 5, 2014. If you don’t know what the heck is bitcoin then you must be living under a rock for a very long time, I am kidding with you all! Before I start writing what exactly is bitcoin and what it does I would like to say something first. I am sure that I am not the only one that realizes ... But first, what the heck is Bitcoin? We kick off our series with a Techsplainer from Harvard University’s Jonathan Zittrain. Zittrain says Bitcoin is a lot like all currencies, but also quite ... Bitcoin, while not exactly new, is still making waves as an alternative currency and investment. Never one to find myself on the leading edge of internet happenings, I finally got around to researching what the buzz is all about. Hopefully you find this to be a helpful overview of Bitcoin. (Fair warning: this post gets a little long. Ideally it's brief enough to cover the Bitcoin transfers are stored on the bitcoin network in a giant public database known as a blockchain. Think of the blockchain as a giant book of public records. To create the chain, someone has to put the blocks together — which is where miners come in.
Dope the Movie - What the heck is Bitcoin? - YouTube
Published on Oct 2, 2014 Join with BitClub Network's Top Team and with Bitcoin Bunchy. http://www.Bitclub.bz/bitcoinbunchy skype Me: bunchy1124 Facebook Me: ... Bitcoin's price will reach $1000,000, its all in the Satoshi. Understanding BTC pricing can be confusing. Learn Crypto with Atua as he breaks down interesting cryptocurrency ideas. How we protect ... Bitcoin and Ethereum both fell off a damn cliff today, what the heck is going on? Let's grab a beer and talk about the crypto world today! Thanks to today's sponsor: eToro The bitcoin investing platform, Allbullish, seemed so promising.... In this allbullish.com review, I discuss what the heck happened with the Allbullish website. We look at the definition of bitcoin hopefully in its simplest form. We relate bitcoin to the classic paper style money we all are familiar with and touch the slightest bit on it being a Fiat Currency