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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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Bryan Daugherty on blockchain policy, Trump’s latest move
04 Jul 2025 11:00 Bryan Daugherty returns to the CoinGeek Weekly Livestream to provide the latest updates on U.S. regulations and their implications for blockchain.
Ban on Kimchi bonds ends; Singapore’s new law kicks in South Korea banned the Kimchi bonds in 2011, but a dip in USD liquidity in the forex markets has forced its hand, with USD stablecoins hitting new heights.
Kyrgyzstan’s hydro-powered ‘crypto’ mining: A low-cost solution As miners grapple with post-halving economics and network difficulty, Kyrgyzstan’s low-cost, green energy model could reshape global hash rate distribution.
Microsoft sued; AI agent projects at risk of being scrapped AI sparked another copyright issue following allegations of Microsoft using pirated books; meanwhile, AI projects face a hurdle amid their popularity.
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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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