Disclosure: We are reader-supported. If you buy through links on our site, we may earn a commission. Learn more. For many, Satoshi Nakamoto is more than just the inventor of a groundbreaking new technology— he’s a legendary figure surrounded with an almost religious reverence. Among Bitcoin fanatics, it’s not unusual to hear him referred to

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Cryptocurrency has exploded in popularity, and with it so has the variety of cryptocurrency wallets on the market. Dozens, if not hundreds, of new wallets have appeared over the last few years, making it difficult for cryptocurrency holders to choose which one is right for them.

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With each passing month, more headlines appear announcing breakthroughs for Bitcoin. Some commentators still adamantly claim that it’s a bubble, while others are heralding the arrival of the world’s new reserve currency.

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In the space of a decade, cryptocurrency has exploded from an obscure technology used mainly by geeks and hackers into an emerging asset class worth more than a trillion dollars. Mainstream financial institutions like Blackrock and Fidelity have now entered the Bitcoin market, and major corporations are adding it to their balance sheets too.

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Some people think it’s the greatest invention since the printing press. Others think it’s the biggest scam of all time. So what is bitcoin, really?

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Bitcoin, cryptocurrencies and blockchain technologies in general are sparking a revolution in commerce. Many people ​turn to cryptocurrency exchanges like Coinbase to buy and sell crypto assets. ​In recent years, some have expressed interest in investing in bitcoin and other cryptocurrencies within a self-directed ​IRA.

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