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Welcome to a Bitcoin Full Course! Here you’ll learn all about the concepts and ways of investing in crypto, using it and buying/selling it.

If you want this course to be practical we highly recommend that you’ll open an account and invest a small amount now, that will help you connect the theory of this course with the real life practice, consider this your tuition for learning the highly beneficial world of crypto.

Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Conventionally, the capitalized word “Bitcoin” refers to the technology and network, whereas lowercase “bitcoin” refers to the currency itself.

Bitcoins are created by a process called mining, in which computer network participants, i.e. users who provide their computing power, verify and record payments into a public ledger in exchange for transaction fees and newly minted bitcoins.

Users send and receive bitcoins using wallet software on a personal computer, mobile device, or a web application. Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.
Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. bitcoin2
In October 2013 the U.S. FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time  The U.S. is considered Bitcoin-friendly compared to other governments, however.  In China new rules restrict bitcoin exchange for local currency. The European Banking Authority has warned that Bitcoin lacks consumer protections. Bitcoins can be stolen and chargebacks are impossible.

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Commercial use of Bitcoin, illicit or otherwise, is currently small compared to its use by speculators, which has fueled price volatility. Bitcoin as a form of payment for products and services has seen growth, however, and merchants have an incentive to accept the currency because transaction fees are lower than the 2–3% typically imposed by credit card processors. The biggest transaction ever using Bitcoin was payment for buying a villa in Bali worth over $500,000.

 

Learn now! How does Bitcoin work?

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

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