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What Is Bitcoin? How Has It Performed Since 2013 #bitcoin #cryptocurrency #crypto

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.

The history of bitcoin started with the invention and was implemented by the presumed pseudonymous Satoshi Nakamoto, who integrated many existing ideas from the cypherpunk community.

Over the course of bitcoin's history, it has undergone rapid growth to become a significant currency both on- and offline. From the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

QUARTERLY RETURNS SINCE 2013

Bitcoin regularly generates exceptional returns. The chart below highlights its performance since 2013.

Bitcoin quarterly return

Source: Cryptorank.io

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