If you haven’t heard about Bitcoin recently, we can only assume that’s because you were stranded on a desert island without TV or internet connection. The cryptocurrency has seen a meteoric rise in popularity, no thanks of course to the fact the value soared to almost $20,000 in late 2017.
Bitcoin fans have called it the “future of money”, predicting it will transform the global financial system, but others are more sceptical. However, it’s easy to get caught up in technical jargon if you don’t understand the basics. Many on the outside looking in would view Bitcoin as something only those intent on criminal activity would use, but as cyber crime solicitors, we wanted to make sure you were fully versed on the in’s and out’s of the cryptocurrency with impartical, fuss free advice.
This is why we’ve devised an easy to follow guide to help you understand the basics of Bitcoin, where it came from and what you can do to get involved: