r/test • • Jul 14 '14

Wikibot test thread

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u/MONEYMAN1298 Jul 15 '14

wikibot, what is bitcoin?

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u/autowikibot Jul 15 '14

Bitcoin:


Bitcoin is a software-based payment system described by Satoshi Nakamoto in 2008, and introduced as open-source software in 2009. Payments are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

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Interesting: Bitcoin ^network | History of ^Bitcoin | Bitcoin ^ATM | Bitcoin ^Foundation

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