Bitcoin Buddy

Education


What is Bitcoin?

Bitcoin is digital money that anyone can use, anywhere in the world, without requiring a bank or payment company. Instead of accounts controlled by institutions, Bitcoin lets people hold and send value directly using software they control.

Bitcoin is unique because it is simultaneously:


Why do we need Bitcoin?

For decades, money has depended on governments and financial institutions. While these systems work for many, they also create challenges such as delays, fees, censorship, inflation, and billions of people having little or no access to banking.

Bitcoin offers an alternative that is:


How does Bitcoin do this?

Bitcoin is decentralized by virtue of peer-to-peer (p2p) communication and guarantees security using cryptography. It operates on a technology called blockchain, which ensures transparency, immutability, and trust in transactions.


Getting Started

To get started with Bitcoin, you'll need a digital wallet. You can choose from various wallets available for different devices. Once you have a wallet, you can obtain bitcoins through exchanges or by accepting them as payment.