0 Anonymous Asked: November 2, 2020In: Business what is the history of bitcoin ? 0 cryptocurrency exchange Share Facebook 1 Answer Voted Oldest Recent Rajsharmaji 0 Questions 17 Answers 0 Best Answers 57 Points View Profile Rajsharmaji Added an answer on November 2, 2020 at 10:56 am Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by Satoshi Nakamoto. On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block. Many people buy and sell bitcoins known as cryptocurrency exchange 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.