What is Bitcoin (BTC)?

Sponsored by What's this? What Is Bitcoin? Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions.

What is a bitcoin symbol?

By far the most commonly used symbol for Bitcoin is ₿, a capital letter B with two falling strokes at the top and bottom. This symbol was designed by Satoshi Nakamoto for the icon of an early version of the original Bitcoin client, though the very first versions of the Bitcoin client used "BC" instead of any special symbol.

What do you need to know about bitcoin?

Here's everything you need to know. What is Bitcoin? Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual. It's like an online version of cash.

Who invented bitcoin?

However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation.