Questions tagged [bitcoin]

Valentino Wed Mar 27 2024 | 6 answers 893

Excuse me, I have a question that's been bugging me for a while. I've heard a rumor that Steve Jobs, the legendary founder of Apple, invented Bitcoin. Is this true? It seems like an incredible feat, but I'm not sure if it's just a rumor or not. Can you clarify this for me? Was Steve Jobs really the mastermind behind Bitcoin?

MountFujiVista Wed Mar 27 2024 | 6 answers 1439

Excuse me, I'm somewhat new to the world of cryptocurrency and I'm quite interested in Bitcoin. Could you possibly enlighten me on the current market price of 1 Bitcoin? I understand that prices fluctuate quite frequently, so I'm just looking for a ballpark figure. Also, could you explain to me what factors might influence the price of Bitcoin? I'm really keen on understanding the basics of this fascinating world of digital currencies.

SsamziegangSerenadeMelodyHarmonySoul Wed Mar 27 2024 | 5 answers 663

Excuse me, I'm a bit confused about cryptocurrencies. I've heard a lot about Bitcoin, but I'm still not entirely sure what it is. Can you actually hold a Bitcoin in your hand? Is it like a physical coin or something? And if not, how do you actually own and use it? I've seen people talk about investing in Bitcoin, but I don't understand how it works. Could you explain it to me in a way that's easy to understand?

isabella_doe_socialworker Wed Mar 27 2024 | 6 answers 1643

I've heard a lot about Bitcoin, but I'm still not sure if it's really money. Can you explain to me what Bitcoin is and how it works? Is it backed by any government or central bank? How can I use it to buy things or pay bills? And what about its value? Is it really stable and reliable? I'm just trying to understand if Bitcoin is a legitimate form of currency or if it's more like a speculative asset. Thank you for your time and expertise.

Eleonora Wed Mar 27 2024 | 6 answers 1281

I've heard a lot about Bitcoin, but I'm still not sure why it's not as good as regular money. Can you explain?" "I mean, it seems like it has a lot of volatility. One day it's worth a lot, the next day it's worth less. How can people use it as a reliable store of value or medium of exchange?" "Also, I've heard about all these problems with Bitcoin transactions being slow and expensive. How can it possibly replace traditional payment systems that are much faster and cheaper?" "Lastly, I'm worried about the security of Bitcoin. I've heard about people losing their coins because they didn't keep their private keys safe. How can we trust this technology if it's so easy to lose money?" "I'm just curious why, despite all the hype surrounding Bitcoin, it hasn't really taken off as a widely-used form of money. Can you help me understand these issues?