Bitcoin – Wikipedia – Bitcoin (₿) is the world’s first cryptocurrency, a form of electronic cash.: 3 It is the first decentralized digital currency: the system was designed to work without a central bank or single administrator.
FAQ – Bitcoin – General What is Bitcoin? Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
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A Norwegian man who bought $27 worth of bitcoins in 2009 and forgot about them discovered their value had since shot up – to $980,000 at today's price. Kristoffer Koch decided to buy 5,000 bitcoins for only 150 Norwegian kroner ($26.60) in 2009, after discovering bitcoin as part of an encryption …
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