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What is Bitcoin?

Bitcoin is a decentralised cryptocurrency or peer-to-peer digital payment system which is used as a method of investment as well as transaction for other currencies, services or products.

Initially launched in 2009 by an anonymous internet user or group known only as "Satoshi Nakamoto," the virtual currency has grown rapidly since its inception.

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The Difference Between Cryptocurrencies and Digital Assets

In 2017, bitcoin has finally become mainstream and its global adoption is on the rise. But while bitcoin is now being recognised by most investors as a viable asset class, its quasi-legal status has led to regulators grappling with ways on how to integrate it within their current monetary structures. According to South African media outlet Moneyweb, one such regulator is the South African Revenue...

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Bitcoin, explained - Vox

Bitcoin is the world's first truly open financial network. MasterCard and PayPal place limits on who can build applications using their platforms and what those applications can do. The Bitcoin network has no such limitations. This openness could lead to a fast pace of innovation in the coming years.

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How I save money by using bitcoin to send money to Zimbabwe

I have been using bitcoin to send money to Zimbabwe for more than a year in order to save money on fees and make a small profit on the exchange rate. As a result, I now use only about $275 to send $300 to my parents' EcoCash account. This represents approximately $35 in savings per transaction compared to the $310 I previously used by channeling remittances through Money Gram. This method only...

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Bitcoin down as S Korea plans crypto-currency crackdown

Bitcoin fell 11.6% this morning after South Korea announced it would ban anonymous trading of virtual currencies and crack down on money-laundering activities using them, amid growing fears of a bubble over crypto-currencies.

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The State of Bitcoin in Kenya - BTCMANAGER

In this article, you will be introduced to the state of bitcoin in Kenya to give you an insight into East Africa's leading bitcoin hub.

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Kenya is among the four main Bitcoin economies in Africa next to South Africa, Nigeria, and Ghana. While bitcoin awareness and adoption are growing in many parts of Africa, only the countries mentioned above offer Bitcoin ecosystems that...

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LocalBitcoins is a peer-to-peer (P2P) bitcoin marketplace where traders buy and sell bitcoins between each other. The main feature of the exchange is that traders themselves can choose whether they wish to cooperate with unverified account or not. All you have to do is to find a partner that would not mind you stay anonymous while purchasing...

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Date: 2017-12-20 01:48:25
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Just a few years ago a relatively powerful PC was enough for competitive Bitcoin mining. After the difficulty increased, more expensive solutions were introduced. Some hardware companies offer readymade solutions - so-called "miners" consisting of several powerful graphic cards (GPUs). Huge mining farms consisting of thousands of devices are used too.

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Bitcoin fell more than 11 percent after South Korea said on Thursday it would ban anonymous trading of virtual currencies and crack down on money laundering activities using them.

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Date: 2017-12-20 05:56:26
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South Korea is clamping down on its bitcoin boom.

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What is Bitcoin?

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