ÐIGITΛL ΛSSΞTS EÐUCΛTION LLC: If You Don't Know Ari Paul, Get Familiar Now.

Thursday, October 12, 2017

One of four crypto fund investors at Consensus: Invest, @AriDavidPaul will be talking about his thesis and more. https://t.co/vh1YaWbaJ6 pic.twitter.com/ek0KKvhMeS
— CoinDesk (@coindesk) October 12, 2017

What Is Bitcoin BTC?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.