$BTC Bitcoin is essentially an investment similar to gold and other precious metals, rather than a traditional currency. Like commodities, it is beyond the direct influence of a particular economy, and is not significantly affected by changes in monetary policy.

Remember that while Bitcoin is not affected by many of the factors that affect traditional currencies, there are a number of unique influences to consider.

How does Bitcoin work?

Bitcoin requires two basic mechanisms to operate: blockchain and mining.

Bitcoin is essentially an investment similar to gold and other precious metals, rather than a traditional currency. Like commodities, it is beyond the direct influence of a particular economy, and is not significantly affected by changes in monetary policy.

Remember that while Bitcoin is not affected by many of the factors that affect traditional currencies, there are a number of unique influences to consider.

How does Bitcoin work?

Bitcoin requires two basic mechanisms to operate: blockchain and mining.