Introduction to Bitcoin: A Brief Overview

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Learn about Bitcoin, a decentralized digital currency based on a non-centralized, unbacked mathematical algorithm, exchangeable over a peer-to-peer network. Explore the history of Bitcoin, including its creation in 2009 by the mysterious Satoshi Nakamoto. Discover how Bitcoin mining works, its limited supply of 21 million, and its use in various transactions, from dark web purchases to real estate and tech products. Get insights on how to buy and make Bitcoin, along with popular platforms like Coinbase. Dive into the world of cryptocurrency with this comprehensive guide.

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BITCOIN An Introduction

What is Bitcoin / Crypto Currency ? Non Centralized, unbacked Mathematical Algorithm that is Digitally exchangeable over a peer to peer network.

What is Bitcoin / Crypto Currency ? In ENGLISH! Mathematical code that can be exchanged as money between trusted partners.

What is Bitcoin / Crypto Currency ? https://www.youtube.com/watc h?v=cFj72hrUZt4&t=215s

History In January 2009, the bitcoin network came into existence with the release of the first open source bitcoin client and the issuance of the first bitcoins, with Satoshi Nakamoto mining the first block of bitcoins ever (known as the genesis block), which had a reward of 50 bitcoins.

History Satoshi Nakamoto? Did he exist? Pseudonym SAmsung, TOSHIba, NAKAmichi MOTOrola?

How to make a bitcoin Mining Decoding a complex mathematical formula (generally using Video rendering cards) Only 21 million will ever be made Over 16 million mined so far Decreasing numbers every year. Divisible up to .00000001

How to make a bitcoin https://www.youtube.com/watch?v=7yCqW O3gZvQ

How to by a Bitcoin Download the app "Coinbase." Create a Coinbase account. Now you're logged in. Look at daily volatility! Add a payment account. You're ready to buy. Tap the Buy button again. You can also buy Ethereum. Prepare for the fraud prevention call. ...

What can you buy? Dark Web Discussion Real Estate Gold Strike (all MGM) Casinos Microsoft, Dell, DISH Network, Overstock, Newegg (IT stuff), TigerDirect, cheapair.com, UK Theater tickets, college degree, brandy distillery, Pizza (Dominos), Most Airline tickets More added DAILY

Risk Peer to peer reviewed Only worth what ppl pay Can be supplanted by other currencies (myspace / napster) Not always backed up Transactions are nearly always irreversible