Bitcoin is a digital currency that uses an open-source, peer-to-peer protocol to conduct, verify and record transactions.

  • Bitcoin is the First Decentralised Digital Currency.
  • It was created by someone under the pseudo name “Satoshi Nakamoto” back in January 3, 2009.
  • Only 21 Million Bitcoins will ever exist.
  • New Bitcoins are released every 10 minutes and given to Bitcoin Miners.
  • The last Bitcoin will be mined in 2140.
  • Bitcoin is divisible down to the 8th decimal place (0.00000001).
  • The Bitcoin network/protocol is impossible to hack.
  • No one Government, Bank, or person controls Bitcoin.