What is Bitcoin?

what is bitcoin?

Both small and large retailers are now starting to accept the digital currency called bitcoin, so what is bitcoin and how does it work? Well bitcoin was started just a few short years ago in 2008 by the mysterious Satoshi Nakamoto who created the Bitcoin Core software and helped to set up the virtual network required to use and mine bitcoins. It is a peer-to-peer payment system with no central power structure or administrator lording over the minions in a central bank fashion. [Read more...]