Understanding How Bitcoin Works Bitcoin has become one of the most talked about financial topics in recent years. This digital currency has gained immense popularity and value, with many people investing in it and using it as a mode of payment. But what exactly is Bitcoin and how does it work? In this article, we’ll delve into the basics of Bitcoin and help you understand how it works. What is Bitcoin? Bitcoin is a decentralized digital currency, also known as cryptocurrency. It was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin operates independently of a central authority, such as a bank, and is powered by a network of computers around the world. The main concept…