Cryptocurrency, Informatica How Does Bitcoin Work – User Advantages & Security Risks? 2 Settembre 2018 admin Bitcoin is a decentralized peer-to-peer form of digital currency. Satoshi Nakamoto invented it in 2009. The value of this digital currency is not regulated by any central body, but rather, by the users themselves. But how did bitcoin come into existence? How and when can you use it? The article offers a brief introduction into what bitcoin is, and how it works.