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What is Bitcoin? Bitcoin Explained Simply (2020 Updated)
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
London based Bitcoin businessman here. My business has set up a youtube channel dedicated to educating newcomers and experienced crypto enthusiasts alike. Check out our "what is bitcoin" video and leave some feedback! :)
Now the current price of a bitcoin, the current value of a bitcoin in US dollars as of this video, is approximately US$100. per bitcoin. That number is fluctuating. This is a new currency, and there's going to be some fluctuation. But as people understand the currency better, the hope is that that fluctuation will decrease. Millions of people worldwide have received sextortion scam emails in 2020 asking for bitcoin. These bitcoin sextortion schemes sometimes include recipients' passwords to make the threat more real. A Nevada woman was indicted Thursday by a federal grand jury in Sacramento, accused of trying to hire a hit man on the Darkweb with $5,000 in bitcoin to kill her ex-husband. Kristy Lynn Felkins ... Bitcoin Video Casino is a provably fair gaming site with high expected return. You can try out any of our games using test credits. If you want to play and win Bitcoins, simply send any amount of Bitcoins to the address at the bottom of your screen. Voiceover: Bitcoin is a new virtual currency system that's been gathering a lot of attention recently, and I thought I would do a series of videos where I really dive into the innards of bitcoin and explain how it works in detail, and my plan for this first video in this series is to describe some of those mechanics at a high level.
How Bitcoin Works in 5 Minutes (Technical) - YouTube
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