The Bitcoin Bytes Podcast Episode 1 - Why would you invest in Bitcoin today?
Description
What is bitcoin and why should you invest in it?
Bitcoin is a new type of currency that people can use for buying and selling goods, investments, and other financial transactions. It was invented in 2009 by an unknown person who went by the alias Satoshi Nakamoto.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone has equal access to it.
Every transaction made on this cryptocurrency gives rise to a small commission charged in Bitcoins for instance if you spend 1 BTC then 0.0001 BTC will be deducted from your wallet as fees for that transaction.
United States
