Tackling 7 Myths About Bitcoin for Beginners

Bitcoin.com | Nov 22, 2019 at 4:41 PM
  • For those long involved in the crypto space, it’s easy to forget just how overwhelming and mystifying the world of bitcoin was when first encountered as a fresh-faced neophyte, unable to tell the difference between a bitcoin and a blockchain, or even what a private key was.
  • Statistically, the overwhelming majority of crime is facilitated by the U.S. dollar and fiat currencies, not bitcoin.
  • The network is decentralized, enabled and secured by independent actors worldwide who run nodes — keeping a record of the entire blockchain themselves — mine blocks, develop software and make transactions, creating the market.