The Six Biggest Misconceptions About Bitcoin

AAA

Confused about Bitcoin? You're not alone. After all, it's pretty new - it made its debut in 2008 in the form of a white paper by the mysterious Satoshi Nakamoto, and it was launched as a currency as recently as 2009. There is a lot of sound and fury in the press, much of it misleading. Investopedia comes to the rescue with this list of the top misconceptions about Bitcoin, with the help of our crack team of external consultants. 

  1. No results found.
Related Articles
  1. Personal Finance

    Top 6 Books to Learn About Bitcoin

    Bitcoin, which may be the future of money, is a digital currency with over $9 billion in circulation. Here are six books to learn more about bitcoin.
  2. Small Business

    The Rise And Fall And Rise Of Bitcoin

    A look at the reasons behind the recent spectacular surge in bitcoin prices.
  3. Small Business

    Bitcoin Innovations And Obstacles

    Investopedia explains the development of the Bitcoin digital currency system and the risks associated with using and investing in it.
  4. Small Business

    Bitcoin ETFs: How Do They Work?

    ETFs offer a cost-effective, safe and hassle-free way to invest and trade bitcoins as stocks, without worrying about the security of digital wallets.
  5. Small Business

    How To Trade Forex With Bitcoin (XOM, EXPE)

    We look at ways to trade forex with bitcoin and the pitfalls in doing so.
  6. Small Business

    Bitcoin's Main Stumbling Block: Navigating The Law

    Coders created Bitcoin to be decentralized and independent of governments and banks. Authorities are still struggling to create a legal framework.
  7. Small Business

    If You Had Purchased $100 of Bitcoins in 2011

    Learn how an investment of $100 in bitcoin in 2011 would have performed over the years, and find out what your purchasing power would have been for each year.
  8. Small Business

    Ways To Earn Bitcoins

    There are many ways to earn and own Bitcoins other than just buying them on a Bitcoin exchange.
  9. Small Business

    What Bitcoin Regulations Look Like Around The World

    Bitcoin is still so new that countries are struggling to make legislation catch up with technology. Some nations are more open to virtual currency than others.
  10. Small Business

    Bitcoin's Price History

    Read about the volatility in the price of Bitcoin. Learn how the currency has seen major spikes and crashes, as well as differences in prices across exchanges.
Hot Definitions
  1. Nonfarm Payroll

    A statistic researched, recorded and reported by the U.S. Bureau of Labor Statistics intended to represent the total number ...
  2. Conflict Theory

    A theory propounded by Karl Marx that claims society is in a state of perpetual conflict due to competition for limited resources. ...
  3. Inflation-Linked Savings Bonds (I Bonds)

    U.S. government-issued debt securities similar to regular savings bonds, except they offer an investor inflationary protection, ...
  4. Peak Globalization

    Peak globalization is a theoretical point at which the trend towards more integrated world economies reverses or halts.
  5. Phishing

    A method of identity theft carried out through the creation of a website that seems to represent a legitimate company. The ...
  6. Insurance

    A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an ...
Trading Center