What Is Bitcoin? Explained Simply in Plain English
Bitcoin. Everyone has heard the name.
What this covers
Almost no one can explain what it actually is. So here it is, in plain English. Bitcoin is digital money you can send to anyone, anywhere, without a bank in the middle.
Just person to person. No company runs it. Thousands of computers around the world keep one shared record of who owns what.
And there will only ever be twenty one million. That fixed supply is why people call it digital gold. You hold your Bitcoin with a private key.
Whoever holds the key holds the coins. So guard it carefully. That is Bitcoin.
Digital money, no middleman, fixed supply, secured by math. Everything else is detail. Keep learning, the smart way.