What is Bitcoin?
Open Source
Before anything, Bitcoin is open-source software - anyone can review the code. By design, it's an open project for anyone, anywhere.
Protocol
Similar to HTTP and SMTP, Bitcoin is an Internet protocol, like your browser and e-mail which you use on a daily basis - it just works.
Decentralized
Bitcoin is not owned or controlled by any one group or company. It is technology, decentralized and based on military-grade cryptography.
Revolutionary
The world has never seen anything like Bitcoin - indisputably a breakthrough in computer science after several decades of research.
Bitcoin Network
Bitcoin: A Peer-to-Peer Electronic Cash System: [ October 31, 2008]
The Bitcoin Network is a global consensus network which enables a new, revolutionary 'value transfer' system - and a new kind of money. As the world's first decentralized peer-to-peer network which is powered by its users and based on mathematics, it is fully-functional and globally secure without the need of a central authority or third-party intermediary. Thousands of nodes (computers/miners) connected over the Internet - and all around the world - operate the Bitcoin open-source software protocol to validate and secure transactions which occur exclusively via the network-issued and finite crypto-currency; bitcoin or BTC.
The network; Bitcoin - capitalized B - achieves global 'consensus' every ten minutes through 1MB - 2MB transaction-filled 'blocks' which are timestamped, immutable, and chained together which create a globally distributed 'public ledger' called 'the blockchain'.
The Bitcoin Network serves as the global catalyst for the global financial technology revolution which is unfolding as the world begins to learn about - and experiment with - programmable money, Bitcoin Wallets, Bitcoin Exchanges, and the emerging global Bitcoin Asset Class.
Watch the 96-Second introduction video below:
Learn more about Bitcoin:
Legal
Remember, Bitcoin is an Internet Protocol - an opt-in global technology network with two public-facing top layers for consumers; Bitcoin Wallets and Bitcoin Exchanges.
Visionaries
Some of the most intelligent and successful venture capitalists and technology entrepreneurs on the planet are investing in - and building out - global Bitcoin Exchanges.
Investment
Since 2009, there has been more than USD $2.5 Billion in venture capital funding injected into the global Bitcoin startup eco-system, outpacing the early Internet itself.
Growth
Bitcoin Exchanges have been growing year-over-year within every major statistical category as both retail and professional investors and traders continue entering the space.
Learn More About Bitcoin Exchanges:
Research
While bitcoin exchanges may seem overwhelming, you can't bypass them - they're required for ownership. Dedicate some time to learn about this emerging industry.
Patience
Be sure to review all of the various brands - and categories - of bitcoin exchanges available, but please remember to exhale! There's absolutely no need to stress or rush.
Flexibility
When you're comfortable with a bitcoin exchange, go for it! But remember, if you're not happy with it, moving your bitcoin to another wallet takes only minutes.
Security
Remember, bitcoin is money. Be sure to secure your bitcoin wallets by following best practices and common sense the same as you would with any other valuable assets.
Bitcoin Exchanges - Profile
One exclusive, premium brand. One global vision.
BitcoinExchanges.com is the official global resource for all-things bitcoin exchanges. Our exclusive aim is to help bridge the consumer education and marketing gap for humanity as a premium, intuitive and authoritative on ramp to the Bitcoin Network.
We hope to serve - and dramatically help expand - the growing ecosystem by providing up-to-date and comprehensive information including the official global bitcoin exchange directory, venture capital statistics, user-submitted bitcoin exchange reviews, as well as other relevant industry resources, news, jobs, and shopping links. We invite any-and-all friendly and constructive criticism to help grow our BitcoinExchanges.com brand.
