Bitcoin has been called “the future of money.” But what is it? If you’re not familiar, you’re not alone. Cryptocurrency is a relatively new concept and it’s not exactly easy to understand. However, it very well may transform the global economy in the not-so-distant future, so it’s important to get a hold on the basics. A Reddit user made this infographic called “What Is Bitcoin” to give beginners a fundamental grasp on this modern money. The graphic explains the history of the virtual currency and why it is appealing. It also explains how it works, and how it is secured, as well as how it is kept. It them goes over how to buy bitcoin and, finally, shares a few more interesting facts.
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