it a bird, is it a plane? With the way Bitcoin values soared over the last year, you would be forgiven for wondering. Even with the knocks it has taken in value more recently, it is still the net's favorite super-currency.
what is it that makes it so special? Is it the fact that you can send money completely anonymously? That you can throw caution to the wind at a Bitcoin casino or buy yourself a Tesla? Is it that the network is the closest thing to a world supercomputer that we have at the moment?
is all these things and a lot more. We have summed it all up for you in the useful infographic below.
Bitcoin way of doing things changed everything that we thought we knew about secure online transactions. It has caused such a stir that the majority of banks around the world are looking into implementing a similar type of network.
a prime example of the Fintech that is fast defining this age, and it captures the spirit of innovation perfectly. Satoshi, whoever he is, looked at a banking system that was working pretty well and said, “I can do it better, faster and completely different."
idea behind Bitcoin was simple – create a truly free market driven currency based on a transparent system, outside of the control of any major player. In that respect, the system worked perfectly
the mysterious creators of Bitcoin understand what they were about to unleash? Who knows, all we do know is that the financial world is still reeling from the effects