Bitcoin and the Blockchain — an overview.

David William Beck
5 min readJun 8, 2021

Bitcoin and other virtual currencies such as Ethereum and even Dogecoin have been in the headlines recently so I put out a guide to answer some common questions about the technology. This is not an endorsement of any digital currency but more of an FAQ about these extremely exciting developments.

So what is bitcoin anyway?

In a nutshell, Bitcoin is the original and most popular cryptocurrency; a digital medium of exchange that lets you buy goods and services. It is much easier to spend pounds and pence but some…