What is Bitcoin (cryptocurrency)?

UseFul
2 min readJul 13, 2021

Bitcoin has been the buzz word in the financial space. As of a matter of fact, Bitcoin has exploded the scene in the last few years and many people and many large companies are now jumping on the Bitcoin or cryptocurrency bandwagon wanting a piece of the action.

People are total new to the cryptocurrency space are constantly asking this question; “What is Bitcoin really?”

Well, for starters bitcoin is actually a digital currency that falls outside the control of any federal government, it’s used worldwide, and can be used to purchase things like…

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UseFul

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