Bitcoin in 99 words

Bitcoin could be the greatest hedge against inflation the world has ever seen. It’s a hedge you can spend.

On blockchain.info you can look up every mined block since the first transaction. Transactions between wallets are gathered in blocks. Decentralized miners transfer blocks by solving a complex algorithm with a computer, difficulty increases every block. They receive a bitcoin reward for mining a block. That reward halves after specific blocks (every four years) until 21 million bitcoins have been mined. That’s predicted to be a century off, at that time a programmed fee will reward miners. Fast digital gold.