What is Bitcoin (BTC)?

Sponsored by What's this? What Is Bitcoin? Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions.

What is a bitcoin transaction?

A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.

What is the abbreviation for bitcoin?

BTC is the abbreviation for bitcoin. Is Bitcoin cryptocurrency? Yes, bitcoin is the first widely adopted cryptocurrency, which is just another way of saying digital money. Is there a simple bitcoin definition? Bitcoin is digital money that allows secure and seamless peer-to-peer transactions on the internet. What's the price of bitcoin?

Is bitcoin a digital money?

Yes, bitcoin is the first widely adopted cryptocurrency, which is just another way of saying digital money. Is there a simple bitcoin definition? Bitcoin is digital money that allows secure and seamless peer-to-peer transactions on the internet. What's the price of bitcoin? The current price of Bitcoin can be found on Coinbase's website.