bitcoin information ?

Bitcoin could be more attractive to criminals because it can be used to make private and irreversible payments. However, these features already exist with cash and wire transfer, which are widely used and well-established.

Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble.

Bitcoin protocol itself cannot be modified without the cooperation of nearly all its users, who choose what software they use. Attempting to assign special rights to a local authority in the rules of the global Bitcoin network is not a practical possibility.

Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

The domain name "bitcoin.org" was registered on 18 August 2008

regulate the use of Bitcoin in a similar way to any other instrument. Just like the dollar, Bitcoin can be used for a wide variety of purposes, some of which can be considered legitimate or not as er each jurisdiction's law

On 31 October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.

Bitcoin use could also be made difficult by restrictive regulations, in which case it is hard to determine what percentage of users would keep using the technology.

Bitcoin use could also be made difficult by restrictive regulations, in which case it is hard to determine what percentage of users would keep using the technology.

Bitcoin use could also be made difficult by restrictive regulations, in which case it is hard to determine what percentage of users would keep using the technology.

Bitcoin is freeing people to transact on their own terms. Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.

On 3 January 2009, the bitcoin network was created when Nakamoto mined the first block of the chain, known as the genesis block.

The receiver of the first bitcoin transaction was cypherpunk Hal Finney, who created the first reusable proof-of-work system (RPOW) in 2004.

Finney downloaded the bitcoin software on its release date, and on 12 January 2009 received ten bitcoins from Nakamoto.

Other early cypherpunk supporters were creators of bitcoin predecessors.

Nakamoto is estimated to have mined one million bitcoins[27] before disappearing in 2010, when he handed the network alert key and control of the code repository over to Gavin Andresen.

Andresen later became lead developer at the Bitcoin Foundation.

This left opportunity for controversy to develop over the future development path of bitcoin.

After early "proof-of-concept" transactions, the first major users of bitcoin were black markets, such as Silk Road.