Bitcoin

Nickname

BTC

Plural Name

Bitcoins

Parent Asset Class

A decentralized digital currency without a central bank or single administrator, Bitcoin was released as an open-source software created as a reward for a process known as mining. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. As the earliest cryptocurrency to meet widespread popularity and success, Bitcoin has inspired a host of other projects in the blockchain space. Bitcoin charts high on popularity, and has triggered the launch of hundreds of other virtual currencies collectively referred to as Altcoins.

More about Bitcoin

Asset Classes

	Cryptocurrency
	Litecoin

Entities

	ALEX
	Abra
	Adamant Capital
	Adaptive Capital
	Alkemi
	Ampleforth
	Andreas M. Antonopoulos
	Asymmetric
	BadgerDAO
	Beluga
	Bidali
	Binance
	Binance.US
	BitFlyer
	BitGo
	BitMEX
	Bitcoin Foundation
	Bitcoin Magazine
	Bitcoin Suisse
	Bitpanda
	Bitstamp
	Blockchain Capital
	Blockchain.com
	Blockfolio
	Blockstream
	Blockworks
	Bloq
	Bluzelle
	BnkToTheFuture
	Bracebridge Capital
	Bullish
	Bybit
	ByteTree
	CH4 Capital
	Cambrian Asset Management
	Casa
	Celsius Network
	Chainalysis
	Chainstone Labs
	Coin Center
	Coin Metrics
	CoinFLEX
	CoinFlip
	CoinShares
	Coinbase
	Cointelegraph
	Compass Mining
	Crusoe Energy
	Crypto Banter
	DataTrek Research
	Decrypt
	DeerCreek
	Delphi Ventures
	Deribit
	Digital Assets Council of Financial Professionals
	Digital Currency Group
	Domain Money
	ETC Group
	Elementus
	Elwood Technologies
	Equity Management Associates
	Fidelity Digital Assets
	Floating Point Group
	Flowdesk
	GSR
	Gemini
	Genesis Capital
	Genesis Mining
	Glassnode
	Grayscale Investments
	GreenBlocks
	Hartmann Capital
	Haun Ventures
	Helio
	Hiro Systems
	IOV Labs
	InvestAnswers
	KUNA Exchange
	Kenetic Capital
	Kraken Exchange
	Ledger
	Lukka, Inc.
	Marathon Digital Holdings
	Mercury Digital Assets
	Messari
	Metagood
	Mezo
	MiningStore
	Money Map Press
	Moran Tice Capital Management
	NGRAVE
	Off the Chain Capital
	OnChainMonkey
	Pantera Capital
	Pomp Investments
	Prime Trust
	QCP Capital
	Qredo
	RULEMATCH
	River Financial
	SFB Technologies
	Saifedean.com
	ShapeShift
	Slow Ventures
	Sovryn
	Strike
	Sustainable Bitcoin Protocol
	Swan Bitcoin
	Swarm Network
	Sygnum Bank
	Texas Blockchain Council
	Tezos
	The Block
	The Defiant
	The Digital Chamber
	The Dollar Vigilante
	Thesis
	Three Arrows Capital
	Toniq Labs
	Tornado Cash
	Trammell Venture Partners
	True Insights
	UTXO Management
	Unbounded Capital
	Vailshire Capital Management
	Vailshire Partners
	WazirX
	Xapo
	Xverse
	Zap
	inflxion.io

Industries

	Internet
	Software
	Technology

Publication Types

Terms

	Blockchain
	Blockchain Technology
	Crisis Currency
	Web3

Hedge Fund

Venture Capital Fund

Make sure to read about Crypto Currencies in general:

Bitcoin Facts (2018)

Bitcoin is still only owned by a small fraction of the world's population (< 1%)
Bitcoin became popular in Venezuela and Turkey when their currencies' collapsed in 2017 and 2018

Bitcoin Criticisms
NOTE: These are legitimate criticisms. Newer cryptocurrencies have solved many of these

Bitcoin mining uses up a great deal of electrical energy - resulting in waste and pollution (not sustainable)
It can't handle many transactions and is generally slow (not scalable)
Has high transaction costs
Still lacks general acceptance
Serves as a tool for criminals, tax evaders and the like

Scarcity is baked into the system; there will be a maximum of 21 Million Bitcoins by 2140.

Every 4 years, the number of new bitcoins mined every goes down by half.

Asset Classes

Bitcoin

Related Topics

Experts - People