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Bitcoin : Questions, Answers, and Analysis of Legal Issues

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Bitcoin : Questions, Answers, and Analysis of Legal Issues

Bitcoin : Questions, Answers, and Analysis of Legal Issues

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Bitcoin : Questions, Answers, and Analysis of Legal Issues

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Bitcoin first appeared in January 2009, the creation of a computer programmer using the pseudonym Satoshi Nakamoto.

His invention is an open-source (its controlling computer code is open to public view), peer-to-peer (transactions do not require a third-party intermediary such as PayPal or Visa) digital currency (being electronic with no physical manifestation).

The Bitcoin system is private, with no traditional financial institutions involved in transactions.

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