{"id":2208,"date":"2018-06-06T15:41:37","date_gmt":"2018-06-06T10:11:37","guid":{"rendered":"https:\/\/codelattice.com\/blog\/?p=2208"},"modified":"2021-03-04T16:01:46","modified_gmt":"2021-03-04T10:31:46","slug":"what-is-bitcoin-and-where-can-you-buy-it","status":"publish","type":"post","link":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/","title":{"rendered":"What is bitcoin and where can you buy it?"},"content":{"rendered":"<style> .author-bio {display:none;}<\/style>\n<p>As you might have noticed, the last decade has seen a great deal of technological advancements, which moved us towards the future we previously only ever saw in the movies. Touchscreen devices, the rise of AI, self-driving cars, social networks, and augmented reality are just some of the trends we had to learn to accept and adjust to. And in the midst of all that, hiding in plain sight, was one breakthrough that might change the financial world as we know it: bitcoin.<\/p>\n<p><span style=\"font-weight: 400;\">The concept of bitcoin first appeared in the white paper written by Satoshi Nakamoto (an alias for a person or a group of people) in 2008, in which he talked about a new electronic cash system which would be completely <\/span>decentralized, meaning that there would be no need for banks or intermediaries in transactions between two parties.<\/p>\n<p>In 2009, the bitcoin network was released as an open source project and Nakamoto mined the very first block of bitcoin, effectively earning himself 50 BTC. In 2010, the first real-world transaction was made using bitcoin as currency: Laszlo Hanyecz bought two pizzas in Jacksonville, Florida!<\/p>\n<p>Since then, a number of merchants have started accepting bitcoin on their websites, and today you can purchase anything from airplane tickets to food using your virtual coins. All you need to do is register on digital currency exchange of your choice, connect your bank account, and you\u2019ll be ready to go. If you\u2019re looking for a safe and simple way to buy or sell your cryptos, you may want to register for open beta of <a href=\"https:\/\/kriptomat.io\/en\/\">Kriptomat<\/a> &#8211; they are completely aligned with EU regulations and offers a free crypto wallet.<\/p>\n<p>Our <a href=\"https:\/\/imgur.com\/a\/ay2iPNJ\">infographic<\/a> will tell you all about how transactions in the world of bitcoin work, what types of wallets are out there, and just how secure the entire system is. Once you\u2019re done reading, you should have the basics down when it comes to the bitcoin network, blockchain, and cryptocurrencies. Happy reading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As you might have noticed, the last decade has seen a great deal of technological advancements, which moved us towards the future we previously only ever saw in the movies. Touchscreen devices, the rise of AI, self-driving cars, social networks, and augmented reality are just some of the trends we had to learn to accept [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[376],"tags":[],"class_list":["post-2208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-water-cooler"],"acf":{"heading_txt":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is bitcoin and where can you buy it? - Codelattice Blog<\/title>\n<meta name=\"description\" content=\"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is bitcoin and where can you buy it? - Codelattice Blog\" \/>\n<meta property=\"og:description\" content=\"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Codelattice Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/codelattice\" \/>\n<meta property=\"article:author\" content=\"http:\/\/www.facebook.com\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-06T10:11:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-04T10:31:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"344\" \/>\n<meta name=\"author\" content=\"Nithya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"What is bitcoin and where can you buy it?\" \/>\n<meta name=\"twitter:description\" content=\"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project\" \/>\n<meta name=\"twitter:creator\" content=\"@http:\/\/twitter.com\/#!\/\" \/>\n<meta name=\"twitter:site\" content=\"@Codelattice\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nithya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\"},\"author\":{\"name\":\"Nithya\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/b675612fa6c8f8904200fe1ed21e7f43\"},\"headline\":\"Codelattice Blog\",\"datePublished\":\"2018-06-06T10:11:37+00:00\",\"dateModified\":\"2021-03-04T10:31:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\"},\"wordCount\":337,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg\",\"articleSection\":[\"Water Cooler\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\",\"url\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\",\"name\":\"What is bitcoin and where can you buy it? - Codelattice Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg\",\"datePublished\":\"2018-06-06T10:11:37+00:00\",\"dateModified\":\"2021-03-04T10:31:46+00:00\",\"description\":\"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project\",\"breadcrumb\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage\",\"url\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg\",\"contentUrl\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg\",\"width\":600,\"height\":344},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.codelattice.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Codelattice Blog\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#website\",\"url\":\"https:\/\/www.codelattice.com\/blog\/\",\"name\":\"Codelattice Blog\",\"description\":\"Home\",\"publisher\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.codelattice.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#organization\",\"name\":\"Codelattice\",\"url\":\"https:\/\/www.codelattice.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2024\/12\/cl-logo-icon.png\",\"contentUrl\":\"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2024\/12\/cl-logo-icon.png\",\"width\":366,\"height\":366,\"caption\":\"Codelattice\"},\"image\":{\"@id\":\"https:\/\/www.codelattice.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/codelattice\",\"https:\/\/x.com\/Codelattice\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/b675612fa6c8f8904200fe1ed21e7f43\",\"name\":\"Nithya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b04adeaceb2572023cb2114e116bfe5ea1e5b89e1c2167f7e60cf8194dabf030?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b04adeaceb2572023cb2114e116bfe5ea1e5b89e1c2167f7e60cf8194dabf030?s=96&d=mm&r=g\",\"caption\":\"Nithya\"},\"description\":\"Nithya is a MARCOMM consultant at Codelattice. She is busy conquering the Kingdom of Content and blogs for Codelattice. Her interest areas include Social Media, Lifestyle and Commerce. Connect with her through nithya@codelattice.com\",\"sameAs\":[\"http:\/\/www.facebook.com\/\",\"https:\/\/www.linkedin.com\/\",\"https:\/\/x.com\/http:\/\/twitter.com\/#!\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is bitcoin and where can you buy it? - Codelattice Blog","description":"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/","og_locale":"en_US","og_type":"article","og_title":"What is bitcoin and where can you buy it? - Codelattice Blog","og_description":"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project","og_url":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/","og_site_name":"Codelattice Blog","article_publisher":"https:\/\/www.facebook.com\/codelattice","article_author":"http:\/\/www.facebook.com\/","article_published_time":"2018-06-06T10:11:37+00:00","article_modified_time":"2021-03-04T10:31:46+00:00","og_image":[{"width":600,"height":344,"url":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg","type":""}],"author":"Nithya","twitter_card":"summary_large_image","twitter_title":"What is bitcoin and where can you buy it?","twitter_description":"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project","twitter_creator":"@http:\/\/twitter.com\/#!\/","twitter_site":"@Codelattice","twitter_misc":{"Written by":"Nithya","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#article","isPartOf":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/"},"author":{"name":"Nithya","@id":"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/b675612fa6c8f8904200fe1ed21e7f43"},"headline":"Codelattice Blog","datePublished":"2018-06-06T10:11:37+00:00","dateModified":"2021-03-04T10:31:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/"},"wordCount":337,"commentCount":0,"publisher":{"@id":"https:\/\/www.codelattice.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage"},"thumbnailUrl":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg","articleSection":["Water Cooler"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/","url":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/","name":"What is bitcoin and where can you buy it? - Codelattice Blog","isPartOf":{"@id":"https:\/\/www.codelattice.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage"},"image":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage"},"thumbnailUrl":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg","datePublished":"2018-06-06T10:11:37+00:00","dateModified":"2021-03-04T10:31:46+00:00","description":"No bank or broker is needed between the two sides. Bitcoin network was launched as an open-source project","breadcrumb":{"@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#primaryimage","url":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg","contentUrl":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2018\/06\/bitcoin.jpg","width":600,"height":344},{"@type":"BreadcrumbList","@id":"https:\/\/www.codelattice.com\/blog\/what-is-bitcoin-and-where-can-you-buy-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.codelattice.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Codelattice Blog"}]},{"@type":"WebSite","@id":"https:\/\/www.codelattice.com\/blog\/#website","url":"https:\/\/www.codelattice.com\/blog\/","name":"Codelattice Blog","description":"Home","publisher":{"@id":"https:\/\/www.codelattice.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.codelattice.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.codelattice.com\/blog\/#organization","name":"Codelattice","url":"https:\/\/www.codelattice.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.codelattice.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2024\/12\/cl-logo-icon.png","contentUrl":"https:\/\/www.codelattice.com\/blog\/wp-content\/uploads\/2024\/12\/cl-logo-icon.png","width":366,"height":366,"caption":"Codelattice"},"image":{"@id":"https:\/\/www.codelattice.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/codelattice","https:\/\/x.com\/Codelattice"]},{"@type":"Person","@id":"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/b675612fa6c8f8904200fe1ed21e7f43","name":"Nithya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.codelattice.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b04adeaceb2572023cb2114e116bfe5ea1e5b89e1c2167f7e60cf8194dabf030?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b04adeaceb2572023cb2114e116bfe5ea1e5b89e1c2167f7e60cf8194dabf030?s=96&d=mm&r=g","caption":"Nithya"},"description":"Nithya is a MARCOMM consultant at Codelattice. She is busy conquering the Kingdom of Content and blogs for Codelattice. Her interest areas include Social Media, Lifestyle and Commerce. Connect with her through nithya@codelattice.com","sameAs":["http:\/\/www.facebook.com\/","https:\/\/www.linkedin.com\/","https:\/\/x.com\/http:\/\/twitter.com\/#!\/"]}]}},"_links":{"self":[{"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/posts\/2208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/comments?post=2208"}],"version-history":[{"count":6,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/posts\/2208\/revisions"}],"predecessor-version":[{"id":3338,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/posts\/2208\/revisions\/3338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/media\/2209"}],"wp:attachment":[{"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/media?parent=2208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/categories?post=2208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.codelattice.com\/blog\/wp-json\/wp\/v2\/tags?post=2208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}