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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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Events are proving Dr. Craig right
15 Jun 2021 14:00 If anyone suggests Bitcoin is transforming the world rather slowly, Dr. Craig Wright always says he’s not worried: he thinks long-term and will never give up. [...]
Kurt’s personal blog: CoinGeek Zurich summary CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. shares his what went down at the whirlwind three-day event that is the CoinGeek Zurich conference. [...]
Sabroshi wins RUN2K21 Hackathon Under 20 teams and individuals participated in the first RUN2K21 Hackathon, with Sabroshi taking first place and the top prize of 77 BSV or roughly US$12,000. [...]
Exploring new SPV/P2P applications: The 4th Bitcoin SV Hackathon begins The event, sponsored by Bitcoin Association in partnership with nChain, has a total prize pool of US$100,000 and will run until July 26, 2021, when an expert judging panel will decide three finalists. [...]
JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
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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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