Bitcoin (BTC)
About Bitcoin
Bitcoin is a peer-to-peer digital form of cash, meaning that all transactions happen directly between users without any central bank or intermediary controlling it, instead Bitcoin is run by thousands of computers distributed around the world that validate the network. Bitcoins creator, Satoshi Nakamoto, launched Bitcoin in 2009 and it is the first-ever cryptocurrency to come into actual use. Bitcoin remains the largest crypto currency as more people are attracted to its use case, being able to send and receive money anywhere in the world at a fraction of a cost and almost instantaneously compared to our current financial system. Bitcoin is also limited to 21 million coins, therefore similar to gold, some see it as a store of value to counter inflation caused by the ongoing creation of fiat currency.
Resources
About Bitcoin
Bitcoin is a peer-to-peer digital form of cash, meaning that all transactions happen directly between users without any central bank or intermediary controlling it, instead Bitcoin is run by thousands of computers distributed around the world that validate the network. Bitcoins creator, Satoshi Nakamoto, launched Bitcoin in 2009 and it is the first-ever cryptocurrency to come into actual use. Bitcoin remains the largest crypto currency as more people are attracted to its use case, being able to send and receive money anywhere in the world at a fraction of a cost and almost instantaneously compared to our current financial system. Bitcoin is also limited to 21 million coins, therefore similar to gold, some see it as a store of value to counter inflation caused by the ongoing creation of fiat currency.
Coin Metrics
Useful insight on BTC from our partner intotheblock