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What is Bitcoin?
Bitcoin is the first ever cryptocurrency created using blockchain technology. The concept of Bitcoin was originally proposed by Satoshi Nakamoto in 2009 as a decentralized peer-to-peer digital currency based on the SHA-256 protocol.

Bitcoin is a unique form of digital currency - it is fully open sourced without any central authority where anyone can take part. Bitcoin allows for fast and anonymous transactions with low transaction fees. Since the absolute supply of BTC has a fixed issuance of 21 million Bitcoins by the year 2140, it may theoretically increase in value over time.

What are cryptocurrencies?
Simply put, cryptocurrencies are electronic peer-to-peer currencies. They don't physically exist. You can't pick up a bitcoin and hold it in your hand, or pull one out of your wallet. But just because you can't physically hold a bitcoin, it doesn't mean they aren't worth anything, as you've probably noticed by the rapidly rising prices of virtual currencies over the past couples of months. There are literally thousands of different cryptocurrencies, with more and more added each day. To keep up to date on all crypto developments, subscribe to the channel for regular updates!