The Best Bitcoin And Ethereum Explainers

Image: iStock

Bitcoin, the decentralised digital currency, seemed on the verge of disappearing after every scandal, crash or hack. But eight years later, it's not only growing but accelerating, with the price of a single BTC "coin" recently climbing above $5400.

And it isn't the only cryptocurrency; competitors include Litecoin, Dogecoin and Ethereum (a currency that supports "smart contracts"). These graphs, videos and explainers contain everything you need to know.

Bitcoin's high volatility makes it terrible by traditional currency standards, fantastic as a risky investment vehicle, and fascinating as a cultural experiment. It's a dramatic rethinking of how currency can work, and it's very complicated and unfamiliar to the common person. Over the years, hundreds of news outlets have tried to explain it, which is lucky because it often takes several explanations to grasp. Here are some of the best, starting with the three most essential guides.


Comments

    All this technical information on how bitcoin works, but no details on how to buy and sell bitcoins... (other than an article form over 4 years ago, which surely is out of date now).

Join the discussion!

Trending Stories Right Now