Bitcoin explained: what is it and how can you buy one?
What is bitcoin? Bitcoin is a unit of digital currency and a worldwide payment system. “It has no physical form and exists only as a string of computer code,” The Times says. It is bought and sold online, generally in exchanges and stored in an online “wallet”. Bitcoin code can also be stored on memory sticks or computer hard drives. How much is a single bitcoin worth now? Bitcoin is incredibly volatile and its price varies wildly. At 8.30am on Wednesday 14 April, CoinMarketCap valued a single coin at $64,573.40 (£46,796.02). By the time you read this, it will probably have change...