What is Bitcoin? (in 60 seconds)

Created in 2009, Bitcoin is an electronic store of value often referred to as digital gold. Bitcoin, unlike government money is: tamperproof, duplicate proof, decentralized (no person/ bank owns it), and cannot be minted past 21 million coins (inflation resistant). This is all possible due to the decentralized ledger technology known as a blockchain. It is also volatile meaning the price changes quickly, as demand changes.

Learn about Blockchains here.