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Bitcoin

A
AFP English

0 views • Oct 19, 2017

Wikipedia

Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries.

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Description

Bitcoin is not generally recognised as a proper currency -- lacking a home country, central bank or treasury -- although its real world use is constantly increasing. Its community of users control and regulate it via the block chain, a shared public ledger on which the entire Bitcoin network relies. VIDEOGRAPHIC

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