Guide: What is Bitcoin and how does it work? BBC Newsround

Bitcoin has a fascinating history dating back to 2008, when Satoshi Nakamoto first introduced it. The identity of Satoshi Nakamoto, the creator of Bitcoin, remains a mystery to this day. Some believe it is a pseudonym for a group of people, while others believe it is one person. Products such as ETFs or futures contracts provide more access to cryptocurrency for investors, increasing its value.Unlike traditional fiat currencies that can be inflated without end, Bitcoin introduces digital scarcity.You will have a set of keys to your hot wallet, which helps keep it secure.That goes for Bitcoin too so it might not