Beginners Guide: What is Bitcoin?

The team over at coincentral have put together this enjoyable “Beginners Guide” to Bitcoin and the Crypto world.
What is Bitcoin?
Released as an open-source software in 2009, Bitcoin is often credited as the world’s first cryptocurrency and is best defined as a digital currency that only exists electronically.
Bitcoin is decentralized, meaning it doesn’t have a central issuing authority or political institution that controls the amount of bitcoin in circulation. But