Bitcoin is an experimental, decentralized (not controlled by any organization or government) digital currency and peer-to-peer payment network that is powered by its users. Bitcoin is like cash for the Internet.
- There is a limited number of bitcoins in circulation and new bitcoins are created at a predictable and decreasing rate. A fixed number of bitcoins means they are a commodity whose worth is determined by supply and demand.
- To find out what current digital currencies Newegg accepts click here.