New to BitCoin? Start here!
May 05, 2011
Introduction to BitCoin
Forget most things you've heard. People discover BitCoin in a variety of ways, but usually pick up some sort of misconception like "BitCoin gives free money to people with computers" or "in order to use BitCoin I have to use a program that wastes electricity for nothing" along the way. Here is a good summary to help you understand BitCoin in general, by focussing on what BitCoin is and what problem it solves. These two things are not typically well explained on most websites, and it is difficult to appreciate just how effective a technology BitCoin is until they are understood.
https://web.archive.org/web/20110613061314/http://forum.bitcoin.org/index.php?topic=7269.0
May 05, 2011
Introduction to BitCoin
Forget most things you've heard. People discover BitCoin in a variety of ways, but usually pick up some sort of misconception like "BitCoin gives free money to people with computers" or "in order to use BitCoin I have to use a program that wastes electricity for nothing" along the way. Here is a good summary to help you understand BitCoin in general, by focussing on what BitCoin is and what problem it solves. These two things are not typically well explained on most websites, and it is difficult to appreciate just how effective a technology BitCoin is until they are understood.
https://web.archive.org/web/20110613061314/http://forum.bitcoin.org/index.php?topic=7269.0
Comments
Be the first to add a comment
Log in to comment