The original bitcoin was obtained by mining. Bitcoin can buy some virtual goods through the Internet. Such as game equipment, clothes and weapons in the game and so on. At the same time, bitcoin can also be used as a part of physical transactions. Just like people buy things with RMB in real life, Bitcoin can also be used to buy things.

What is Bitcoin?

Bitcoin is a P2P digital currency. The concept of Bitcoin was first formally put forward by Satoshi Nakamoto on June 5438+065438+ 10/day, 2008, and was officially released on June 5438+1 October 3, 2009. As can be seen from Satoshi Nakamoto's design ideas, its open source software and construction are based on P2P network. In fact, the peer-to-peer transmission of Bitcoin also shows that it has a decentralized payment system. Unlike other issued currencies, Bitcoin is not issued by a specific monetary institution. It depends on a large amount of data output according to a specific algorithm. Bitcoin economy forms a decentralized database through scattered nodes in the whole P2 P network, thus confirming and recording all transaction behaviors.