What is bitcoin & how does it work?

Bitcoin is the first and most widely recognized cryptocurrency. It enables peer-to-peer exchange of value in the digital realm through the use of a decentralized protocol, cryptography, and a mechanism to achieve global consensus on the state of a periodically updated public transaction ledger called a 'blockchain.'

What is a Bitcoin IRA?

A Bitcoin IRA is another name for a self-directed IRA. Self-directed individual retirement accounts allow you to invest in alternative asset classes, like real estate, precious metals and cryptocurrency, which are excluded from conventional IRAs.

What is Bitcoin (BTC)?

BTC definition: What is Bitcoin? Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.

What is a bitcoin blockchain?

Think of it as an open Google document that updates automatically when anyone with access edits its content. As its name implies, the Bitcoin blockchain is a digital string of chronologically ordered “blocks” — chunks of code that contain bitcoin transaction data.