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5 myths about Bitcoin

People using Bitcoin

We are reading plenty of articles about Bitcoin every day. Depending on the week, the price of Bitcoin is either crashing or soaring. It is either taking over or burning out. The thing is, Bitcoin is hard to understand if you do not have a basic understanding of economics, computers and how cryptocurrencies work. As a result, there are plenty of myths about Bitcoin circulating in mainstream press and blogs. Before going through the 5 myths about Bitcoin, let’s see more facts about Bitcoin in the infographic prepared by experts from Bitcoin Play.

Myth 1- Bitcoin is Anonymous

It is safer to say that Bitcoin users are operating under their 34 digit addresses and it is not obvious who is acting under each address...

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