#BitcoinKeyZone What is Bitcoin and How to Earn It#
Bitcoin is a digital cryptocurrency that comes in a virtual form, designed to serve as an alternative to cash and a payment method outside the control of any person or entity, so there will be no need for a third party to participate in financial transactions. Bitcoins are given as a reward to those who mine and can be purchased on many exchanges.
Bitcoin History
Bitcoin appeared to the public in 2009 by an unknown developer or group of unknown developers who used the name Satoshi Nakamoto. Since then, Bitcoin has become the most popular cryptocurrency around the world. Its growing fame and popularity has prompted developers and miners to mine and develop many other cryptocurrencies in the same way.
It is noteworthy that in 2008, the mysterious person responsible for inventing Bitcoin published a white paper in which he said: “I was working on a new electronic cash system that works by peer-to-peer without the intervention of third parties” and published it on the Bitcoin website. Satoshi Nakamoto aimed to eliminate the need for intermediaries such as banks and governments with his invention.
Since the emergence of Bitcoin in the world, it has succeeded in drawing big question marks in the eyes of the greatest economists and trading specialists, especially when they began to recognize it