What is bitcoin?

Last Updated: Apr 05, 2018 03:27PM PDT

Bitcoin is the most commonly used and recognized cryptocurrency. Bitcoin is digital and you can buy, sell and use it online. Bitcoin is a decentralized currency—since no central institution controls the bitcoin network, many people believe that it is immune to major economic collapse. With a limited supply of 21 million bitcoins, bitcoin’s value has skyrocketed since it was created. This is why we chose bitcoin as the first cryptocurrency we offer through MogoCrypto.

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