Who is Dr bitcoin MD?

Dr Bitcoin MD is medical doctor who discovered Bitcoin on his path towards self sovereignty. He is a student of Austrian Economics and espouses the American ideals of free speech and liberty. Bitcoin is the antidote to the fiat poison our society has swallowed whole — doctor's orders!

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 are new bitcoins?

New Bitcoins are created as part of the Bitcoin mining process, in which they are offered as a lucrative reward to people who operate computer systems that help to validate transactions.

Are bitcoins backed by the government?

That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system.