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Difference between revisions of "Bitcoin"
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Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some investors and economists have characterized it as a speculative bubble at various times. Others have used it as an investment, although several regulatory agencies have issued investor alerts about bitcoin. | Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some investors and economists have characterized it as a speculative bubble at various times. Others have used it as an investment, although several regulatory agencies have issued investor alerts about bitcoin. | ||
The word ''bitcoin'' was defined in a [[white paper]] published on 31 October 2008. It is a compound of the words ''bit'' and ''coin'' | The word ''bitcoin'' was defined in a [[Whitepaper|white paper]] published on 31 October 2008. It is a compound of the words ''bit'' and ''coin'' | ||
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