What is bitcoin in simple terms?
One can say, that bitcoin is a computer program. Only it is not located on a specific computer or server, and simultaneously on millions of computers, that communicate directly with each other through this program.
This is how torrents work.. You install the program, and someone else does the same. And after that you can transfer files to each other directly, without any servers involved, and with little or no control.
This is how the bitcoin system works. Only the task of this program is not to transfer files between users, and give them "virtual points".
IN 2008 year by a person or group of people under a pseudonym Satoshi Nakamoto (hence the name of the coin Bitcoin – Satoshi (Satoshi) a file was published describing the protocol and operating principle of the payment system in the form of a peer-to-peer network.
3 January 2009 year the first block and the first 50 bitcoin.
Then more and more new types of cryptocurrencies began to appear, so-called altcoins (dogecoin, litecoin, etherium, monero, etc.). Not all altcoins have growth prospects. You can find out online rates of popular cryptocurrencies on the website CoinMarketCap
How many satoshis are there in bitcoin??
100 000 000 satoshi = 1 Bitcoin