Bitcoin is money that exists only on the internet, not in physical form like coins or bills.
Decentralized Currency
Bitcoin is money that isn’t controlled by any government or bank. It works through a network of computers spread across the world.
Peer-to-Peer Money
Bitcoin allows people to send and receive money directly to each other without needing a bank or middleman.
Online Payment System
Bitcoin is a way to send and receive payments over the internet, much like how you use credit cards or PayPal, but with fewer fees.
Electronic Cash
Bitcoin is electronic cash that you can use to buy things online or send money to anyone, anywhere in the world.
Global Digital Asset
Bitcoin is a global currency that can be used by anyone with an internet connection, no matter where they are in the world.
Digital Gold
Bitcoin is sometimes called digital gold because it is rare, valuable, and can be used to store wealth, much like gold.
A Store of Value
Bitcoin is a place where you can save your money and hope it holds or increases in value over time, similar to how people save in gold or real estate.
Cryptocurrency
Bitcoin is a type of cryptocurrency, which means it uses advanced encryption (cryptography) to secure transactions and control the creation of new units.
Open-Source Software
Bitcoin is based on open-source software, meaning the code behind it is available to anyone who wants to see, use, or improve it.
A Digital Ledger
Bitcoin transactions are recorded in a digital ledger (called the blockchain) that everyone can see, but no one can change.
A Payment Network
Bitcoin is a payment network that lets people send money across the world instantly, without needing traditional banks.
Borderless Currency
Bitcoin is a borderless currency that works across countries, without the need for currency exchanges or international bank fees.
A Digital Wallet
To use Bitcoin, you store it in a digital wallet, a software tool that allows you to send, receive, and keep your Bitcoin safe.
A Fixed-Amount Currency
Unlike traditional money, Bitcoin has a fixed supply — only 21 million Bitcoins will ever exist, which makes it scarce like gold.
A Financial Revolution
Bitcoin is often called a financial revolution because it changes how we think about money, banking, and payments.
A Secure and Private Payment Method
Bitcoin is secure because it uses cryptography to protect transactions, and it can be used anonymously, offering more privacy than credit cards.
A Peer-to-Peer Investment
Bitcoin allows anyone to invest in a digital asset, and its value can go up or down, just like investing in stocks or commodities.
A Digital Token
Bitcoin is like a digital token that can be used to represent value. You can buy things with it or exchange it for traditional money.
A Transparent System
All Bitcoin transactions are recorded publicly on the blockchain, so anyone can verify them, making the system transparent and trustworthy.