What is Bitcoin? Bitcoin Explained Simply for Dummies

Start trading Bitcoin and cryptocurrency here: http://bit.ly/2NHXIs3Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see. Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more places accept it as a payment method.That's Bitcoin in a nutshell. For the complete simple explanation watch this video, here's what I'll cover:0:50 - What is money?3:10 - Fiat money3:43 - Fiat money drawbacks4:25 - Digital money5:34 - Centralized money issues7:21 - Enter Bitcoin 7:44 - Bitcoin is transparent9:13 - Bitcoin is decentralized9:35 - Bitcoin is digital9:56 - Why is Bitcoin such big news?11:45 - Who accepts Bitcoin?12:05 - ConclusionFor the complete text guide visit: http://bit.ly/2C2zT6eJoin our 7-day Bitcoin crash course absolutely free:http://bit.ly/2pB4X5BLearn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:http://bit.ly/2BVbxeFSee anything we haven't covered? Leave us a comment in the comment section below