Learn Crypto with Bit.Fan Academy

From beginner to advanced — master exchanges, wallets and blockchain essentials

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Bitcoin is not the blockchain itself. It is a digital money system that uses a blockchain to record and verify transactions.

Bitcoin or Ethereum is not a simple winner-takes-all choice: Bitcoin fits value storage better, while Ethereum fits on-chain apps better.

What is bitcoin based on? It rests on cryptography, a distributed network, a public ledger, consensus rules, and built-in scarcity.

Bitcoin’s value is based on scarcity, market consensus, transferability, and network security, not on a single issuer or a simple story.

Banks usually do not sell bitcoin directly. The key is to separate banking rails from trading, custody, and transfer rights before you send money.

Why is bitcoin a bad investment for some people? The answer depends on volatility, valuation limits, custody risk, and personal fit.

Bitcoin is not the same as cryptocurrency. It is one cryptocurrency, while the term covers many different digital assets and tokens.

A bitcoin miner app is not automatically real mining. The key is whether it connects to actual mining, discloses costs, and explains risks clearly.