The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

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May 19, 2020 · Bitcoins Are Useful. In addition to being scarce, bitcoins are useful. Bitcoin provides sound and predictable monetary policy that can be verified by anyone. Bitcoin’s monetary policy is one of its most important features. It’s possible to see when new bitcoins are created, when a transaction is created, or how many bitcoins are in circulation.

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