The Basics 🤔*Bitcoin (BTC) is a decentralized digital currency that lets you send and receive money online. Here's a quick intro:
- What is Bitcoin? A digital currency that's not controlled by any government or institution.
- How does it work? Transactions are recorded on a public ledger (blockchain) and secured by cryptography.
- What can I do with Bitcoin? Buy stuff online, send money to friends, or invest.
- How do I get Bitcoin? Buy it on exchanges (like Binance), mine it, or receive it as payment.
Key things to know:
- Bitcoin is decentralized, so transactions are peer-to-peer
- Transactions are secure and (mostly) anonymous
- Bitcoin's value can be volatile (it fluctuates)
Want to learn more? 😊
If you start telling to noobs about Binance, you are already created shitcoiners not bitcoiners. You better start learning yourself better before you teach others.