If you're looking for information on bitcoin, you've come to the right place. This page now covers the very basic of bitcoin, with a brief introduction to what it is, a little history, and some helpful links to get you started. If you came here looking for the old site with the blog and faucets, it has moved and can now be found here. The project has taken on a life of it's own and this landing page just covers bitcoin basics, for people that may be wondering what bitcoin is. Soooo, here it is...
Bitcoin is a digital currency that can be used like money. It is available on multiple exchanges all over the internet, and can be used for buying and selling goods and services.This video will explain it in a little more detail.
Some time in 2008 a person or group of people who went by the name Satoshi Nakamoto, posted a white paper describing the cryptocurrency Bitcoin. The title of the paper was Bitcoin: A Peer-to-Peer Electronic Cash System.
Around the beginnig of 2009 the first Bitcoin software was released and the cryptocurrency race began. If you're interested in the history of bitcoin over the last 10 years or so, you can click here for an interesting infographic.
To get started with bitcoin, the first thing you need is a bitcoin wallet. There are all types of wallets available. You can download a software wallet for your computer, and there are multiple bitcoin wallets available for your smartphone. The simplest and easiest wallet for beginners is this online wallet from blockchain.info. Simply sign up for a free account and you're all set to recieve your first bitcoin payment.
After you get your wallet, aquiring bitcoin is fairly easy. You can either recieve bitcoin from someone as a payment using your new bitcoin address, or purchase bitcoin from one of several reputable bitcoin exchanges.
Buying bitcoin from an exchange is very similar to opening a bank account. Depending on where you live, you will probably have to send the exchange a copy of proof of who you are, license, old bill, ss#. In the U.S. this is to meet the AML/KYC (Anit-Money Laundering / Know Your Customer) regulations of the federal government. If you don't like this, you need to right your congressperson and local represenatives and let them know. Otherwise send them a copy of Za Paperz, connect a checking account so you can transfer money for both buying and cashing out your bitcoin, and you're done. My favorite place to buy and sell bitcoin is Gemini. located in New York state.
This page really just covers the basics of what bitcoin is and how to get started. If you're interested in learning more, here are some links to help get you started.
The Wikipedia.org has an informative entry on bitcoin, covering just about everything from history, mining, and some of the more technical aspects of it. You can click here for the bitcoin wikipedia page.
Another interesting Wikipedia page is this one about Satoshi Nakamoto who is believed to be the person or persons responsible for creating bitcoin. Click here for Satoshi Nakamoto's Wikipedia page
Bitcoin.org is another great site that explains all the basics of bitcoin and how to get started. They have a full list of reputable exchanges by country, all kinds of documentation, an events map to help you find bitcoin related events in your area. They also have an extremely informative FAQ all about bitcoin.
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