What the heck is Bitcoin? - LinkedIn

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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Do stuff for some coin or give it away, it's just that easy!

Want to earn some coin? Want to give some coin? Want to exchange coin for tasks or objects no matter how serious or silly? Then this is the place for you! There are many subreddits that pay you for tasks but this one is just for cryptocurrency! That's right any cryptocurrency is welcome here so go a head and make a post! Contests are welcome too!
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what the heck is Bitcoin?!

I mean. like. you know? What is it?!?!
submitted by MicahCMiracle1 to BitcoinBeginners [link] [comments]

What the heck is Bitcoin Core thinking?

What the heck is Bitcoin Core thinking? submitted by cpgilliard78 to Bitcoin [link] [comments]

ELIA5: What the heck is Bitcoin?

submitted by elwynbrooks to ELIActually5 [link] [comments]

What the heck is bitcoin thing?

Background
A group or person with the pseudonym Satoshi Nakamoto published the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008. Satoshi was active in the bitcoin community for the first few years in order for an initial community to be assembled to further develop the technology so that bitcoin is not led by one person or group. Satoshi Nakamoto stopped posting in online forums in 2011 and the onus to develop the bitcoin protocol shifted to the early community. Many theories remain as to the true identity of the creator of bitcoin and many people have come forward claiming to be Satoshi but they have provided little or no proof.
There have been previous attempts to create digital currencies that are appropriate for the internet age over the past decade, however many have failed due to the centralisation of the currency and lack of trust in the project. The digital currencies were vulnerable to cyber-attacks and fraud. Digi Cash is a notable example.

Ok but what the heck is it?
Bitcoin is an open-source, peer-to-peer transaction system without a central authority to control it. In traditional fiat monetary systems (USD, GBP & EUR) , a central institution usually controls the money supply and interest rate in order to maintain financial stability. This role is typically fulfilled by a central bank. Bitcoins on the other hand, are created through a process called mining, which decentralises the currency issuance and clearing functions of a central bank. No central authority is able to influence the money supply. The total number of bitcoins that will ever be mined is 21 million and this might be reached in the year 2140. The rate of issuance for bitcoin follows a predictable model which can be validated through cryptography and the core code. Bitcoin issuance decreases with time, and over the long term, bitcoin is deflationary.
submitted by Cryptocobbler to DigitalAssetResearch [link] [comments]

If you’ve recently wondered, “What the heck is Bitcoin, and how does it work?” then you’re probably new around here… https://t.co/9c6hX2Sbh4 - Crypto Insider Info - Whales's

Posted at: January 1, 2019 at 12:34PM
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submitted by cryptotradingbot to cryptobots [link] [comments]

What the heck is bitcoin, and how does it work? - Tony Robbins

What the heck is bitcoin, and how does it work? - Tony Robbins submitted by afilja to Bitcoin [link] [comments]

So, what the heck is Bitcoin? [Did not join site to read, but first line: "Satoshi Nakamoto, a Japanese resident of California, is credited with creating the concept for the currency in 2009." Is journalism totally dead?]

So, what the heck is Bitcoin? [Did not join site to read, but first line: submitted by CoinCadence to Bitcoin [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

What The Heck Is Bitcoin? The Law Struggles For An Answer submitted by Bitcoinfriend to btc [link] [comments]

What the Heck is Bitcoin?

What the Heck is Bitcoin? submitted by chrono000 to Bitcoin [link] [comments]

What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some light on this? /r/Bitcoin

What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some light on this? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some l...

The following post by Diannao_Heike is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7cva12
The original post's content was as follows:
I don't get why it is rising in price when it looks like a poor clone. Why people is buying it?
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

11-14 12:42 - 'What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some light on this?' (self.Bitcoin) by /u/Diannao_Heike removed from /r/Bitcoin within 3-13min

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I don't get why it is rising in price when it looks like a poor clone. Why people is buying it?
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What the heck is Bitcoin Crash and why is using Bitcoin in the name? Somebody can bring me some light on this?
Go1dfish undelete link
unreddit undelete link
Author: Diannao_Heike
submitted by removalbot to removalbot [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

What The Heck Is Bitcoin? The Law Struggles For An Answer submitted by Bitcoinfriend to Bitcoin [link] [comments]

What the heck is Bitcoin Core thinking?

What the heck is Bitcoin Core thinking? submitted by genericcommonwords to btc [link] [comments]

Christopher Gilliard's Weblog: What the heck is Bitcoin Core thinking?

Christopher Gilliard's Weblog: What the heck is Bitcoin Core thinking? submitted by Drop5Stacks to Bitcoin [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

submitted by DanielleHarrison1 to business [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

What The Heck Is Bitcoin? The Law Struggles For An Answer submitted by reminesjoseph to DeepDotWeb [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

What The Heck Is Bitcoin? The Law Struggles For An Answer submitted by BTCNews to BTCNews [link] [comments]

What The Heck Is Bitcoin? The Law Struggles For An Answer

What The Heck Is Bitcoin? The Law Struggles For An Answer submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Ok, so what the heck is Bitcoin, and why should I care about it?

Seriously..
Edit: OK, I get it, I googled it, but the part of te question I wanted most was Why should I care about it? Do you think it's going to be the next thing? Should I invest in Bitcoin?
submitted by kitkatkinoko to AskReddit [link] [comments]

What the heck is bitcoin, and how does it work? - Tony Robbins

What the heck is bitcoin, and how does it work? - Tony Robbins submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What the heck is Bitcoin Core thinking? - Christopher Gilliard's Weblog

What the heck is Bitcoin Core thinking? - Christopher Gilliard's Weblog submitted by mably to bitcoin_core_dev [link] [comments]

What the heck is a Bitcoin Halvening?? And why didn't we moon?? What the heck is Bitcoin mining? What the Heck is Bitcoin?! (4 Simple Facts that You Should ...

Bitcoin can be obtained in two ways: (1) bought and sold between individuals; or, (2) virtually ‘mined’ with computer programs that crack an algorithmic code which then rewards you with freshly created units of Bitcoin. Like a stock, the value of Bitcoin will fluctuate throughout the day based on how many people are buying or selling it. Like a commodity, more Bitcoin can become available ... But first, what the heck is Bitcoin? We kick off our series with a Techsplainer from Harvard University’s Jonathan Zittrain. Zittrain says Bitcoin is a lot like all currencies, but also quite ... Whilst a Google search for “Bitcoin” returns 115 million results, chances are, you still won’t understand it. What is the Blockchain? Why are people mining? Here’s the basics – for ... Impersonating as Bitcoin recipients. Another option for you is to impersonate as a Bitcoin recipient. Lately, most Bitcoin hacking happened when the companies held fundraising events in the form of ‘initial coin offerings’ asking investors to send bitcoins to them. Now, that’s where you get the answer to the question of how to hack a Bitcoin address. Clever hackers can impersonate as ... Japan-based Bitcoin exchange Mt. Gox had been operating since 2010 and was the biggest Bitcoin exchange at the time. But very few know that this big exchange was not hacked only once, but twice. The first one happened in June 2011 when the hacker was able to get ahold of Mt.Gox’s auditor’s credentials and transferred 2609 bitcoins to an address for which Mt. Gox had no keys.

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What the heck is a Bitcoin Halvening?? And why didn't we moon??

Cryptocurrencies have received a lot of attention recently, but what is mining? and why is it so important for Bitcoin? I’ve been getting a lot of questions lately from folks about Bitcoin (what is it?, where do you get it?, what can you buy with it?, etc.). So on this week’s ... DISCLAIMER: Information on this channel is purely for entertainment. Nothing described on this channel or in the video should be taken as financial advice. Cryptocurrency is risky and unregulated ... Try watching this video on www.youtube.com, or enable JavaScript if it is disabled in your browser.

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