What is Bitcoin?
Published in
14 min readFeb 26, 2020
Note: The prices and statistics in this post represent as snapshot in time and may differ from current numbers, as they change frequently.
The idea of Bitcoin is very difficult to explain. In addition to this, there is a lot of misinformation out there. I will do my best to explain it in a simple manner, but be patient. It is very technical, even for a nerd like me.