Description Traditional currencies operate on a centralized model that is heavily regulated by the national government that issues it. Bitcoin, however, is a decentralized virtual currency that was created in 2008-2009 by a mysterious figure known only as Satoshi Nakamoto. In the years since it has entered the mainstream consciousness; in recent years, its growing popularity has caused its value to skyrocket. Bitcoin is not regulated by any centralized institution but rather by the vast peer-to-peer network that enables it to exist and function. This keeps it from being...
Description Traditional currencies operate on a centralized model that is heavily regulated by the national government that issues it. Bitcoin...