Bitcoin is a digital currency created back in 2008 by a group of people/individual under the pseudonymous of “Satoshi Nakamoto”.

From its whitepaper, it is described as “A purely peer-to-peer version of electronic cash [which] would allow online payments to be sent directly from one party to another without going through a financial institution”.

Bitcoin is the first “mainstream” example of blockchain technology in action and has brought about more attention to the overall blockchain and cryptocurrency industry.

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