|submitted by waspoza to Bitcoin [link] [comments]|
If you've invested in cryptocurrencies, you can easily build yourself a crypto dashboard using nothing more than HTML and CSS. With all the talks of forking, scams, websites stealing your CPU to mine altcoins, and crazy price volatility, cryptocurrencies ("crypto") are certainly becoming more mainstream. Bitcoin is exchangeable, and it isn’t used just to keep a game or a loyalty points system running. So does that make it a digital currency, rather than a virtual one? CoinDesk generally ... Bitcoin has been in existence for the past decade. It's a virtual currency that developed an anonymous account, thus lacks a central authority. Presently, people use it for trade and investment. For instance, it can be used for buying and selling products. Examples include food like pizza, pepperoni slice, real estate properties, video games ... Bitcoin was the first digital currency introduced to the world over a decade ago. Even though Bitcoin was the first to be launched, there were other attempts in the past to institute digital currencies. In January 2009, Satoshi Nakamoto mined the first block of Bitcoin called the Genesis Block. Interestingly, the identity of Satoshi Nakamoto is still unknown to date, with people thinking it is ... All virtual currencies that act as a substitute for “real” currency, or have an equivalent value in real currency, are referred to by the IRS as “convertible” virtual currencies. Convertible virtual currencies may be directly exchanged for U.S. dollars (USD). For example, Bitcoin can indirectly be exchanged for USD, like with all other altcoins.
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