Fortunately, describing what Bitcoin is, and how Bitcoin works, is simple. It’s just about the apps. Stock photographs of gleaming coins emblazoned with tweaked Thai baht icons should not be trusted.
Bitcoin is a protocol and a collection of entirely digital processes. Hundreds of imitators have followed in Bitcoin’s footsteps and culture. Still, the blockchain remains the biggest in terms of market capitalization, a position it has kept over the past decade.” BTC” is another abbreviation for Bitcoin. We’ll switch between these usages in this article.
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