Bitcoin & Markets with Ansel Lindner - Private Key Publishing
Bitcoin and Cryptocurrencies are a fast moving and complicated space. I look at all the major market fundamentals and politics involved, breakdown the most important news, and talk about where this technology is going in the future.
Host: @AnselLindner https://twitter.com/AnselLindner
Show: @btcmrkts https://twitter.com/btcmrkts
The Bitcoin Podcasts group: https://twitter.com/bitcoinpodcasts
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Bitcoin (₿) is the world's first cryptocurrency, a form of electronic cash sent peer-to-peer without the need for a financial intermediary. It is the first decentralized digital currency: the system works without a central bank or single administrator. Bitcoins are sent from user to user on the peer-to-peer Bitcoin network directly, without the need for intermediaries. These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.