Web messenger9/4/2023 ![]() It is supported and defended by tens of thousands of computers worldwide, whose combined power is thousands of times greater than the computing power of Google, Amazon, and IBM combined. We hope to serve you as a guide to the technological leap that bitcoin represents for our civilization.īitcoin is both a global payment system and a currency unit.Ĭurrency bitcoin is not issued and not guaranteed by a government, organization or company. It contains multiple links to other articles on the site that explain in detail how and why the technology works. The article below will only list, without explaining, the basic features of bitcoin. These are the words of a man who not only has managed one of the most successful venture capital funds in the world for years, but is also a proven visionary largely directly responsible for the Internet, as we know him today. If we had to respond to one sentence on the question of what a bitcoin is, we would have chosen the words of Mark Andresen, who in 2014, in a New York Times article, said:īitcoin is a revolution comparable to the Internet in the 1990s and PCs in the 1970s.
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