What Are Bitcoins and How Do Bitcoins Work?

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Online privacy, anonynmyity, encryption and freedom of speech with an NZ focus

A subreddit for New Zealand Redditors to discuss issues surrounding online privacy, anonymity and related issues. Discussion topics can include anything from protecting your privacy online to surfing anonymously, freedom of speech, anti-censorship, encrypted communications, information sharing, government/corporate leaks, hacking. Hopefully we can have a few tutorials about how to remain anonymous online and communicate anonymously. Illegal activities may be discussed, throwaways are encouraged.
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How does bitcoin work, what makes bitcoin work, what is the blockchain, what makes the code work, why are miners needed?

submitted by Risklotrman to AskReddit [link] [comments]

How does bitcoin work and why are there so many different ones?

My dads a financial advisor and he sat down with his coworkers and for 6 hours they talked and couldn’t understand it, and as time goes on i feel like its going to become more reliable, so how does it work?
submitted by fattenhead1 to Bitcoin [link] [comments]

"But who will build the nodes?" - How does Bitcoin work without a blocksize limit?

submitted by guyfawkesfp to btc [link] [comments]

How Does Bitcoin Work? It's like a fig bar

How Does Bitcoin Work? It's like a fig bar submitted by -_-__-_-_-__ to Bitcoin [link] [comments]

How Does Bitcoin Work? It's like a fig bar (x-post from /r/Bitcoin)

How Does Bitcoin Work? It's like a fig bar (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Complete Guide – What Is Bitcoin And How Does Bitcoin Work?

Complete Guide – What Is Bitcoin And How Does Bitcoin Work? submitted by crypto-charts to u/crypto-charts [link] [comments]

How Does Bitcoin Work? The Ultimate Guide (21 Questions Answered)

How Does Bitcoin Work? The Ultimate Guide (21 Questions Answered)
https://preview.redd.it/1v793t3q3kq41.jpg?width=1000&format=pjpg&auto=webp&s=429629f740c46cd9f543e560a6cbc0935724455b
How does bitcoin work? 🤔
Curious about trading bitcoins but not sure where to start? Or maybe you just need to brush up some of the basics.
Our ULTIMATE GUIDE 📕 on how bitcoin works has you covered! Read through it now to explore (or rediscover) the foundations of bitcoin trading.
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https://remitano.com/forum/ua/post/428-how-does-bitcoin-work-the-ultimate-guide-21-questions-answered?utm\_source=reddit&utm\_medium=article&utm\_campaign=english
submitted by remimay to remitano [link] [comments]

How does Bitcoin work? A view from the mainstream media....what do you think?

How does Bitcoin work? A view from the mainstream media....what do you think? submitted by The-Crypto-Portal to Bitcoin [link] [comments]

How does Bitcoin work? Here is the view of the mainstream media. What are your thoughts on this?

How does Bitcoin work? Here is the view of the mainstream media. What are your thoughts on this? submitted by The-Crypto-Portal to Bitcoin [link] [comments]

How does Bitcoin work? Here is the view of the mainstream media.

How does Bitcoin work? Here is the view of the mainstream media. submitted by The-Crypto-Portal to u/The-Crypto-Portal [link] [comments]

How does bitcoin work? (current BTC/USD price is $8,724.14)

Latest Bitcoin News:
How does bitcoin work?
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

How does Bitcoin work exactly?

I'm pretty new to this stuff, and honestly i have no idea how it works yet.. i would like to "get into" Bitcoin and learn how to use it and how it works etc. Because i would like to order some things that can only paid with/by Bitcoin.
If someone could explain to me how to it works, i would really appreciate that! I don't want to jump right into it just by myself, because i really don't want to mess things up.
submitted by KarrTheBro to Bitcoin [link] [comments]

How does bitcoin work?

submitted by Gaminggod1997reddit to AskReddit [link] [comments]

how does bitcoin work?

I don't understand what it is at all , and I need like a simple explaination. I tried googling it but it seemed confusing
does anyone have an eaisier explanation
submitted by Samurai2089 to btc [link] [comments]

How does Bitcoin work?

submitted by mholland151 to BitcoinBeginners [link] [comments]

Promo Video: How does Bitcoin Work? - Bitcoin Cash

Promo Video: How does Bitcoin Work? - Bitcoin Cash submitted by Egon_1 to btc [link] [comments]

Crypto Study Episode 1 - What is Bitcoin and How does Bitcoin works

Crypto Study Episode 1 - What is Bitcoin and How does Bitcoin works submitted by Boniya to videos [link] [comments]

How does bitcoin work?

Most of the sites google gives me are incrdibly vague
submitted by Warzombie3701 to Bitcoin [link] [comments]

How does bitcoin work with taxes?

submitted by lucy9417 to BitcoinBeginners [link] [comments]

How does Bitcoin work?

How does Bitcoin work? submitted by leftok to atbitcoin [link] [comments]

How does Bitcoin works?

I'm very confused with how Bitcoin works! If it is all digital currency, how do I get money? Or maybe I should start with where can I get Bitcoin from?
submitted by Cbzj to BitcoinBeginners [link] [comments]

You're in an elevator with half a minute to spare, and someone asks you "So, how does Bitcoin work?". What would you answer?

EDIT: Great answers everyone! It's cool to see how others do it, and I'm sure I learned a couple of new things here too. Some really good (and funny) answers here! That being said, I'm choosing mperklin as the winner :) Need your address man, so I can send those bits over!
EDIT2: Sent!
Best answer (could be the most upvoted, but still ultimately my discretion) gets 10 mBTC (.01 BTC). Time frame is 24 hours from the time of this posting.
Let's hear those elevator pitches!
One of my go-to answers would be:
Remember when we used to have cross-border mail and international phone calls? We had to go through middlemen like long distance phone operators and post offices, and pay extra to do so, right? The internet changed all that. Now, we still have cross-border payments and money transfers, right? Going through middlemen like banks and Western Union, paying extra to so? Bitcoin changes all that in the same exact way. Check out Bitcoin.org if you want to learn more.
Done!
submitted by Godfreee to Bitcoin [link] [comments]

How Bitcoin Works Under the Hood - YouTube How Bitcoin Works in 5 Minutes (Technical) - YouTube How does a blockchain work - Simply Explained - YouTube Bitcoin explained: How do cryptocurrencies work? - BBC ... Bitcoin Basics (Part 1) -

Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual. It's like an online version of cash. How does Bitcoin work? The Bitcoin network was the first ever example of a blockchain as we know it today. It’s called blockchain because it can be pictured exactly like a series of blocks that have been chained together. Bitcoin mining involves commanding a home computer to work around the clock to solve proof-of-work problems (computationally intensive math problems). Each bitcoin math problem has a set of possible 64-digit solutions. Bitcoin, the digital currency, has been all over the news for years. But because it’s entirely digital and doesn’t necessarily correspond to any existing fiat currency, it’s not easy to understand for the newcomer. Let’s break down the basis of exactly what Bitcoin is, how it works, and its possible future in the global economy. The Bitcoin ledger is protected against fraud via a trustless system; Bitcoin exchanges also work to defend themselves against potential theft, but high-profile thefts have occurred.

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How Bitcoin Works Under the Hood - YouTube

An estimated £3-4 billion is being laundered via cryptocurrencies in Europe every year, the director of Europol has told the BBC. It comes as the Shadow Trea... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... Get our free Bitcoin course here - https://chrisdunn.com/free-bitcoin-course This Bitcoin basics video series will explain Bitcoin for beginners. You'll lear... If money is only valuable when we believe in it, how much is a BitCoin actually worth? Jonathan explains the virtual currency as well as how to mine it and t... A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the ...

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