What Is Bitcoin and How Does It Work? | Mashable Explains [YpmmGB-h6mY]

It's hard to deny that Bitcoin is changing the way we use money, and our concept of how currency should work. So what is Bitcoin exactly? Credits: Photo of different currencies: Decentralized/Centralized Illustration: Mashable composite. iStockphoto, betamax; nicoolay; johnwoodcock; retroimages; aristotoo; 4x6; Patrick Damiano Blockchain: Courtesy of Silicon Angle; Blockchain.info Miner 1: Miner 2: Miner 3: Bitcoin Stock Video: iStock, Movie Elements Bitcoin Stock Photo: Bitcoin Creation Rate Chart: Wikipedia Bitcoin ATM: ABC 10 News Bitcoin Value Graph: Blockchain.info TechKNOWledgy you can use from Verizon LIKE us on FACEBOOK: FOLLOW us on TWITTER: FOLLOW us on TUMBLR: FOLLOW our INSTAGRAM: JOIN our circle on GOOGLE PLUS: Subscribe!: Mashable is the leading independent news site for all things tech, social media, and internet culture. LIKE us on FACEBOOK: FOLLOW us on TWITTER: FOLLOW us on TUMBLR: FOLLOW our INSTAGRAM: JOIN our circle on GOOGLE PLUS: Subscribe!: Mashable is the leading independent news site for all things tech, social media, and internet culture. #which crypto to buy #bka verkauft bitcoin #$arb crypto #crypto low transaction fees