Bitcoin was the first cryptocurrency to be widely adopted around the world. It can be sent securely and directly between people using Bitcoin's network. In 2008, Satoshi Nakamoto, who wrote a white paper describing the technology, created Bitcoin under a pseudonym....
I think every person who takes time to learn about Bitcoin has the same initial thought, “If I had only invested in bitcoin a few years ago, I’d be rich.” While this is likely true, this shouldn’t stop you from investing in it now. The next thought that goes through...
What is Fiat Money? The term, fiat money, is derived from the Latin word fiat, which means a determination by authority. Fiat money is a form of currency that is considered legal tender by a government and is not backed by a physical commodity or financial instrument....
Why has gold been used as currency? Gold has been used as a form of currency for thousands of years because of its unique properties. One of the main reasons is that it’s scarce and difficult to mine, making it a valuable commodity. Additionally, gold is durable and...
What is an Altcoin “Altcoin” is a term used for any other cryptocurrency that does not include Bitcoin. Bitcoin was the first mainstream cryptocurrency on the market, but that’s far from the only reason for its success compared to all others. As Bitcoin grows in...