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What Is Bitcoin?

12:54 16 February 2026

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Thinking about Bitcoin but feeling lost with all the technical talk? This podcast explains Bitcoin, the world’s first cryptocurrency, in simple words anyone can understand- even if you’ve never used digital money before.

What is Bitcoin and how does it work?

Bitcoin is digital money that you can send or receive over the internet without banks or middlemen. Think of it like sending money to a friend via an app- but instead of a bank controlling it, Bitcoin runs on a network of computers all over the world. Every transaction is recorded on the blockchain, which is like a public, secure notebook that tracks every Bitcoin transfer. This makes it safe, fast and easy to verify.

The history of Bitcoin

Bitcoin was created in 2009 by a mysterious person or group called Satoshi Nakamoto. After the 2008 financial crisis, they wanted people to have full control over their money. Bitcoin started as a small experiment but quickly became the world’s most famous cryptocurrency.

Why was Bitcoin created?

Traditional money has problems: banks can charge high fees, transfers can be slow and access is sometimes restricted. Bitcoin was created to fix these problems, letting people send money directly to anyone, anywhere, without relying on banks or governments.

Who created Bitcoin?

The creator, Satoshi Nakamoto, remains unknown. This mystery adds an interesting story to Bitcoin and shows that it was built for the community, not for a single person or company.

How do Bitcoin transactions happen?

When you send Bitcoin, computers around the world verify the transaction and record it on the blockchain. Each Bitcoin is linked to a digital wallet address, making it secure, traceable and almost impossible to cheat. You can think of it as a digital receipt that everyone can see but no one can change.

The future of Bitcoin

Bitcoin is more than digital money- it’s often called digital gold. People use it to pay for things, save for the future, or invest in cryptocurrency. Its decentralized and secure nature could make it a major part of the world’s financial system in the years to come.

🎧 Listen to the Podcast Now

Even if you’re completely new to cryptocurrency, this podcast explains Bitcoin in a simple, easy way. By the end, you’ll understand why Bitcoin matters, how it works and why so many people are excited about its potential.

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