Unpacking Bitcoin: A Easy, Short, Guide to the World’s First Digital Currency
Bitcoin Demystified: Everything You Need to Know About the Pioneer of Cryptocurrency
What Is Bitcoin?
Bitcoin.org in my opinion has the best one paragraph description of what is is bitcoin:
Bitcoin is a consensus network that enables a new payment system and a completely digital money.
It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
From a user perspective,
Bitcoin is pretty much like cash for the Internet.
Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
-Bitcoin.org
From this description 5 points stick out to me:
1- Bitcoin is digital money
2- A decentralised peer-to-peer payment network
3- No central authority or middlemen
4- Sendable using the internet
5- Most prominent tiple entry bookkeeping system
Coinbase describes bitcoin as:
The world’s first widely-adopted…
