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To answer these questions, and more, but i want to do it in a way that’s simple and straightforward so that we can get bitcoin into the hands of more people.
this is a series of posts where i’m going to give you, the reader, the answers to the most common questions about bitcoin.
in other words, i’m going to answer the five most common questions you have about bitcoin.
i’ll start off with the most popular question — what is bitcoin?
the most basic definition of bitcoin is a digital currency.
in other words, a unit of account that can be stored, transmitted, and exchanged.
this is really it in a nutshell.
this means that bitcoin is a digital form of money.
the other common question is, “how does it work?”
the way bitcoin works is that there’s a ledger, and every time someone wants to use the bitcoin network, there is a transaction which involves two people, and the ledger is the ledger that records all of the transactions.
so, basically, bitcoin is a digital ledger system.
the third most common question is, “how can i buy bitcoin?”
the way you buy bitcoin is with bitcoin itself.
there are several different ways to get bitcoin.
you can go to bitcoin exchanges, like coinbase.
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What is a Bitcoin?
Bitcoin is a digital currency that can be transferred between users online. It is a decentralized, peer-to-peer currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto.
Satoshi Nakamoto is a pseudonym for the person or people who created Bitcoin.
The creation of Bitcoin is credited to the person or people who used the alias Satoshi Nakamoto, but there is no proof that this is the true identity of the creator.
The idea of Bitcoin is to create a currency that is not controlled by a government or central bank.
This is an anonymous currency. It is not tied to a country or government.
This makes Bitcoin a very different type of currency than traditional currencies.
Bitcoin is a decentralized network.
The Bitcoin network is a network of computers that work together to process transactions.
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