WHAT IS BITCOIN
Bitcoin is a form of digital currency.
No one controls it, it is a decentralized currency, no big bank or institution can get a hold of your money.
It is the very first form of a growing category of money called cryptocurrency, created in 2009.
The inventor of Bitcoin is anonymous, but he goes as Satoshi Nakamoto, which is not his real name.
Bitcoins are stored in a personal online wallet that cannot be frozen by anyone
A protocol that supports a decentralized, pseudo-anonymous, peer-to-peer digital currency*
A publicly disclosed linked ledger of transactions stored in a blockchain
A reward driven system for mining based on “Proofs of Work” for helping to secure the network
A “scarce token” economy with an eventual cap of about 21M bitcoins