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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Australia warns ‘crypto’ ATM operators over AML compliance gaps
04 Apr 2025 01:00 AUSTRAC says cases of locals being targeted by scammers via ‘crypto’ ATMs have surged, blaming lax controls and failed AML practices for the vice.
UK trade bodies ask gov’t to follow US digital asset footsteps A group of six British trade bodies have appealed to the U.K. government for a greater "strategic focus" on digital assets.
House committee okays STABLE; Circle’s deal with Coinbase devil A U.S. House of Representatives committee has advanced the STABLE Act, while Circle's IPO has exposed its unhealthy relationship with the Coinbase.
Metanet.ninja: Transforming content sharing on Web3 social network Connecting digitally has become even better with Metanet.ninja, a BSV-powered platform that lets users trade creative works while maintaining ownership.
Lawmakers Demand SEC Transparency on Trump Family Crypto Ties
Peter Schiff Warns of Brutal US-Only Recession as Rest of World Ignites Massive Boom
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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