Published On: Mon, Oct 11th, 2021

Bitcoin price LIVE: ‘Worthless’ coin facing major crackdown after 30% surge–JPMorgan alert | City & Business | Finance

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by an unknown person (or possibly group of people) using the alias Satoshi Nakamoto.

It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency and was the first-ever cryptocurrency to come into actual use.

All transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them.

According to Nakamoto’s own words, Bitcoin was created to allow “online payments to be sent directly from one party to another without going through a financial institution.”

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