Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by shuntress on Thursday December 03, 2020 @01:17PM
(#25292368)
Bitcoin is a currency.
The fundamentally useful thing about Bitcoin is it's proof-of-work shared ledger that allows transactions to be conducted and verified between individuals (through the shared network) independent of any third party or broker.
It is the electronic equivalent of handing someone a physical coin.
It is genuinely pretty neat.
Any actual meaningful application of this use has yet to be realized.
The fundamentally useful thing about Bitcoin is it's proof-of-work shared ledger that allows transactions to be conducted and verified between individuals (through the shared network) independent of any third party or broker.
It is the electronic equivalent of handing someone a physical coin.
It is genuinely pretty neat.
Any actual meaningful application of this use has yet to be realized.