logo
welcome
Newsweek

Newsweek

Bitcoin (BTC) is the most widely used and popular crypto in circulation today. Here’s how it works

Newsweek
Summary
Nutrition label

54% Informative

Bitcoin (BTC) is the most prominent and widely used digital currency available today .

New Bitcoins are still being created through a complex mining process, but only until the predetermined maximum of 21 million Bitcoin has been reached.

Bitcoin is a new kind of money that isn’t managed by the government or a central bank.

The value of Bitcoin can increase or decrease based on supply and demand.

Bitcoin and other cryptocurrencies are decentralized, meaning no single person, group or government has control.

How to invest in Bitcoin is easy, but you’ll have to figure out where you want to invest before you get started.

Bitcoin and other digital currencies come without government insurance products.

The U.S. Department of Justice has overseen crypto fraud cases worth more than $2 billion since 2019 .