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How does Bitcoin work? : r/Bitcoin - Reddit
Dec 11, 2014 · The best part of bitcoin is that it allows for a modular reconstruction of our existing financial institution. Instead of the bank providing all you're money services, bitcoin allows for …
ELI5: Can someone explain to me how crypto works?
Feb 9, 2022 · Bitcoin is different in that you cannot withdraw bitcoins from the network because they do not exist in the same way dollar bills do. There is no code you can download onto a …
Can Someone Explain How Bitcoin ETFs Work? : r/CryptoCurrency
Disclaimer: they NEVER buy Bitcoin on a decentralised exchange or atomic swap. So Bitcoin price involved into ETF can’t be honest. Also there are many reasons why ETF does not …
How does bitcoin mining work? : r/BitcoinMining - Reddit
Nov 28, 2023 · If you goal is just to accumilate bitcoin I will save you the dozens or hundreds of hours by telling you to not mine it and just buy bitcoin. Mining to accumulate bitcoin is like …
How does Bitcoin actually work? : r/Bitcoin - Reddit
Jul 15, 2023 · First: bitcoin is the digitization of gold. (Gold has the best characteristics of money, and bitcoin is the first commodity that beats gold at this. By a loooong shot aswel.) Alr with that …
How does Bitcoin work? : r/NoStupidQuestions - Reddit
Bitcoin's actually terrible for black market sales, in my opinion, since the government can take its time investigating it, since transactions are permanent. Compare that to cash, where cash can …
Can someone explain mining like I'm 5 please? : r/Bitcoin - Reddit
Sep 21, 2013 · That means that any work spent confirming block #2 is also considered to be extra work confirming block #1; in order to un-do block #1, you'd have to do all the work for block #1 …
ELI5: How does crypto mining work? : r/explainlikeimfive - Reddit
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central …
How does IBIT(Blackrock Bitcoin ETF) work internally? : r/Bitcoin
May 3, 2024 · Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without …
Bitcoin mining - How does it work? : r/Bitcoin - Reddit
Nov 26, 2021 · Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed …