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- Payza: Bitcoin transactions rising fast May 26
- Bitcointalk.org is back online May 25
- Mycelium Bitcoincard is coming May 25
- Bitfinex hacked, 1474 BTC stolen May 22
- Does bitcoin need regulation? May 21
- 25000 Dogecoins for free May 20
- Bitcoin launched on nasdaq exchange May 18
- 31 Litecoin faucets added May 18
- Bitcoin is continuing to grow May 17
- Bitcoin websites unblocked in Russia May 16
- New features to Coinbase App May 15
WHAT IS BITCOIN?
Bitcoin is a digital currency and peer-to-peer payment system introduced as open source software in 2009. Bitcoin is not controlled by government or any central bank. The network is designed to generate over 21 million Bitcoins and set up to regulate itself to deal with inflation. All the transactions are anonymous, encrypted and handled by a decentralized global network of tens of thousands of personal computers.
Bitcoins can be purchased directly from exchange services such as Coinbase.com and Bitstamp.net or they can be generated using computer hardware by what is known as "Bitcoin mining". If you don't want to make any investments we suggest that you check our free bitcoins section. There are several thousands of merchants around the world that already accept Bitcoin as a payment method.