Page 15 - simply Efficient Presentation 2019
P. 15

What is 'Bitcoin'









                       Bitcoin is a digital asset, a form of





                       electronic cash. It is a decentralized





                       digital currency without a central





                       bank or single administrator that





                       can be sent from user-to-user on






                       the peer-to-peer bitcoin network





                       without the need for





                       intermediaries.












                       Despite its not being legal tender,






                       Bitcoin charts high on popularity,





                       and soon will be traded on





                       traditional stock exchanges as a new





                       asset class.
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