Many people are curious as to what Bitcoin is, why it is trending so strongly now, and what its implications are for the coming decades of online commerce. This is due to the widespread media coverage it has received. Therefore, we put together this post to help you learn more about this very popular cryptocurrency.
Bitcoin: What Is It?
Bitcoin is digital money and a global payment system. Unlike printed money or coins, it is only ever generated and stored digitally. In addition, unlike government-issued fiat money, it is decentralized. This means no central bank or other organization can manipulate its value or disrupt the network.