Price Info – www.coinmarketcap/currencies/bitcoin
What Is Bitcoin?
Bitcoin is the original decentralized digital currency launched in 2009. the system is peer-to-peer and transactions take place between users directly without a middleman.
Transactions are recorded in a public ledger called a blockchain. No single entity can control the bitcoin network.
It was invented by an unknown person or group of people under the alias
“Satoshi Nakamoto”. After the public disappearance of Satoshi Nakamoto, Gavin Andresen became the lead developer at the Bitcoin Foundation.
There is no uniform convention for bitcoin capitalization. Some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, to refer to the unit of account.The Wall Street Journal,The Chronicle of Higher Education, and the Oxford English Dictionary advocate use of lowercase bitcoin in all cases, a convention followed throughout this article.
Units of Bitcoin to USD CONVERSION
The unit of account of the bitcoin system is bitcoin. Ticker symbols used to represent bitcoin are BTC and XBT. Its Unicode character is ₿. :2 Small amounts of bitcoin used as alternative units are millibitcoin (mBTC),bit (ƀ) and satoshi (sat). Named in homage to bitcoin’s creator, a satoshi is the smallest amount within bitcoin representing 0.00000001 bitcoins, one hundred millionth of a bitcoin. A bit equals 0.000001 bitcoins, one millionth of a bitcoin or 100 satoshis. A millibitcoin equals 0.001 bitcoins, one thousandth of a bitcoin or 100,000 satoshis.
Popular Btc to Usd amounts:
0.0001 BTC to USD
0.0005 BTC to USD
0.001 BTC to USD
0.002 BTC to USD
0.005 BTC to USD
0.01 BTC to USD
0.02 BTC to USD
0.03 BTC to USD
0.05 BTC to USD
0.1 BTC to USD
Convert 0.05 BTC to USD: