Disclaimer: All crypto investments come with a high risk. I don’t recommend investing more than 10% of your portfolio.
You can buy Bitcoin in Coinbase, the exchange I used to buy this cryptocurrency.
Why?
Bitcoin came after the big 2008 market crash. The trust in the financial market was very low at the time, hence the need to create a decentralized cryptocurrency, with more trust, anonymity and efficient to the people.
How?
Bitcoin uses proof-of-work to sustain its blockchain, i.e., it requires nodes (computers) to be constantly solving puzzles in order to validate the transactions. There are more sustainable ways of securing a network in more recent cryptocurrencies though, by using proof-of-stake rather than proof-of-work.
What?
Bitcoin is the first decentralized cryptocurrency in the world, created in 2008 by Satoshi Nakamoto (an alias).
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