Bitcoin basics

It’s a tricky business trying to bundle together the factors that determine the value of something. Investors often look to the inherent value, or the underlying value in a company when deciding which stock to buy, while commodities such as…

Bitcoin’s price is notoriously volatile. Over the years, we’ve witnessed huge swings (both up and down) in the span of days, hours and even minutes. But what causes this?

Where did Bitcoin come from? Who created it and why? What is its purpose? Could one person have really created it? These are common questions within the cryptocurrency community.

Ethereum and Bitcoin are both cryptocurrencies but they are fundamentally different in their use cases.

Bitcoin was developed as a digital decentralised currency with the aim of paying for goods and services. XRP, on the other hand, was created for banks and payment networks as a means of payment settlement, a money transfer system, and…

As mentioned in an earlier section, one can think of Bitcoin as one big global ledger system that records transactions (or ‘moving money’) between one person to another. Whenever Bitcoin transactions are processed on the Bitcoin network – that means…

There are a number of ways you can get Bitcoin: Just like traditional money, you can earn it by providing goods or services, and asking for people to pay you in Bitcoin rather than in traditional money. This is often…