Where did Bitcoin come from? What is the value of Bitcoin?

Bitcoin, also known as BitGold, is a form of currency proposed by Satoshi Nakamoto in 2008. It is an electronic currency generated by open source P2P software. Bitcoin is a network virtual currency that can be used for cashing out, and its credit is not supported by a certain person or organization, but is based on natural algorithms and belongs to natural credit currency.

Where does Bitcoin come from?

Bitcoin, also known as BitGold, is a form of currency proposed by Satoshi Nakamoto in 2008. It is an electronic currency generated by open source P2P software. Bitcoin is a network virtual currency that can be used for cashing out, and its credit is not supported by a certain person or organization, but is based on natural algorithms and belongs to natural credit currency.

Bitcoin is actually virtually "mined" by a large, decentralized (also called "peer-to-peer") computer network that continuously verifies and ensures the accuracy of the blockchain. Every Bitcoin transaction is reflected in the ledger, and new information is periodically gathered in a "block" and added to all previous blocks.

What is Bitcoin worth?

It is essentially the same as traditional currencies – because it has proven to be a viable and convenient way to store value, which means it can be easily traded for goods, services or other assets. It is scarce, secure, portable (compared to gold), and easily divisible, allowing transactions of all sizes.