How can I get Bitcoin?

How can I get Bitcoin?

The easiest way for an individual to buy bitcoin is through a crypto exchange, such as Kraken or Binance.US. Online stockbrokers, such as Robinhood, also offer their customers the ability to buy bitcoin and other cryptocurrencies. Tip: You'll need a crypto wallet to store your coins.

Does Bitcoin have a future?

Bitcoin has been the subject of many price predictions, some of them extreme. Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030. Obviously, the world's oldest cryptocurrency has come a long way since its first recorded price of less than a cent

How does Bitcoin work?

How does Bitcoin work? Each Bitcoin is a digital asset that can be stored at a cryptocurrency exchange or in a digital wallet. Each individual coin represents the value of Bitcoin's current price, but you can also own partial shares of each coin

Are Bitcoins legal?

Key Takeaways. As of March 2024, bitcoin was legal in the U.S., Japan, the U.K., and most other developed countries. In general, it is necessary to look at laws in specific countries. In the U.S., the IRS considers bitcoin and other cryptocurrencies property, issuing appropriate tax treatment guidelines for taxpayers.

Who is behind Bitcoin?

Satoshi Nakamoto created Bitcoin in 2009. The name "Satoshi Nakamoto" is the pseudonym for the person or people who introduced the concept of Bitcoin in a 2008 paper.