# Bitcoin

By [Untitled](https://paragraph.com/@0xd0401f8504d947b462d4db57624e408a882634c9) · 2023-04-05

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Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. **Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin**

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*Originally published on [Untitled](https://paragraph.com/@0xd0401f8504d947b462d4db57624e408a882634c9/bitcoin)*