What is Bitcoin?
Cryptocurrency, The New System
Bitcoin was the first cryptocurrency invented in 2009. Bitcoin, along with many other cryptocurrencies has it's own whitepaper. This shows how the platform works. You can read the whitepaper here https://bitcoin.org/bitcoin.pdf The paper is technical. Fortunately, it is not required to read it to use Bitcoin but it is helpful for understanding how the platform works.
The main reason for the creation of Bitcoin is to put a check on governments mismanaging money causing hyer-inflation.
The hard cap of 21 million Bitcoins makes Bitcoin, a hyper-deflationary coin, where as the dollar is a hyper-inflationary coin or currency.
There are now thousands of cryptocurrencies and you can learn and research them at https://coinmarketcap.com/
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