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. From a user perspective, Bitcoin is pretty much like cash
for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Find your Question
Find your Question
- General
- What is Bitcoin?
- Who created Bitcoin?
- Who controls the Bitcoin network?
- How does Bitcoin work?
- Is Bitcoin really used by people?
- How does one acquire bitcoins?
- How difficult is it to make a Bitcoin payment?
- What are the advantages of Bitcoin?
- What are the disadvantages of Bitcoin?
- Why do people trust Bitcoin?
- Can I make money with Bitcoin?
- Is Bitcoin fully virtual and immaterial?
- Is Bitcoin anonymous?
- What happens when bitcoins are lost?
- Can Bitcoin scale to become a major payment network?
- Legal
- Is Bitcoin legal?
- Is Bitcoin useful for illegal activities?
- Can Bitcoin be regulated?
- What about Bitcoin and taxes?
- What about Bitcoin and consumer protection?
- Economy
- How are bitcoins created?
- Why do bitcoins have value?
- What determines bitcoin’s price?
- Can bitcoins become worthless?
- Is Bitcoin a bubble?
- Is Bitcoin a Ponzi scheme?
- Doesn't Bitcoin unfairly benefit early adopters?
- Won't the finite amount of bitcoins be a limitation?
- Won't Bitcoin fall in a deflationary spiral?
- Isn't speculation and volatility a problem for Bitcoin?
- What if someone bought up all the existing bitcoins?
- What if someone creates a better digital currency?
- Transactions
- Why do I have to wait for confirmation?
- How much will the transaction fee be?
- What if I receive a bitcoin when my computer is powered off?
- What does "synchronizing" mean and why does it take so long?
- Mining
- What is Bitcoin mining?
- How does Bitcoin mining work?
- Isn't Bitcoin mining a waste of energy?
- How does mining help secure Bitcoin?
- What do I need to start mining?
- Security
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