Bitcoin is a peer-to-peer (P2P) decentralized digital currency with an entirety market limit at over $100 Mio that is not government-backed like conventional currencies.

The inventive step behind establishing Bitcoin was to generate a new category of electronic currency that was anonymous, safe and self-governing.
Right now, bitcoins are issued according to regulations agreed on by the majority of the Bitcoin network.

It was determined that only a limited amount of bitcoins will be released. Until 2140, there will be a scheduled release of only 21 million coins. Continue reading “Bitcoin – Imagine a World Without ‘Money’” »