---
layout: base
id: faq
---

{% case page.lang %}
{% when 'ar' or 'fa' or 'id' or 'it' or 'nl' or 'pl' or 'tr' or 'zh_TW' %}

<h1>{% translate pagetitle %}</h1>

<h2>{% translate history %}</h2>
<p>{% translate historytxt1 %}</p>
<p>{% translate historytxt2 %}</p>
<p>{% translate historytxt3 %}</p>
<p>{% translate historytxt4 %}</p>

<h2>{% translate technical %}</h2>
<p>{% translate technicalintro %}</p>
<ul>
  <li>{% translate technicaltxt1 %}</li>
  <li>{% translate technicaltxt2 %}</li>
  <li>{% translate technicaltxt3 %}</li>
  <li>{% translate technicaltxt4 %}</li>
  <li>{% translate technicaltxt5 %}</li>
  <li>{% translate technicaltxt6 %}</li>
</ul>

<h2>{% translate economics %}</h2>
<p>{% translate economicsintro %}</p>
<ul>
  <li>{% translate economicstxt1 %}</li>
  <li>{% translate economicstxt2 %}</li>
  <li>{% translate economicstxt3 %}</li>
</ul>

<h2>{% translate stats %}</h2>
<p>{% translate statsintro %}</p>
<ul>
  <li>{% translate statstxt1 %}</li>
  <li>{% translate statstxt2 %}</li>
  <li>{% translate statstxt3 %}</li>
  <li>{% translate statstxt4 %}</li>
  <li>{% translate statstxt5 %}</li>
</ul>

{% else %}

<h1>{% translate pagetitle %}</h1>
<p class="summary">{% translate summary %}</p>

<h2>{% translate table %}</h2>

<div class="index">
<ul>
<li><a href="#{% translate general anchor.faq %}">{% translate general %}</a></li>
<ul>
  <li><a href="#{% translate whatisbitcoin anchor.faq %}">{% translate whatisbitcoin %}</a></li>
  <li><a href="#{% translate creator anchor.faq %}">{% translate creator %}</a></li>
  <li><a href="#{% translate whocontrols anchor.faq %}">{% translate whocontrols %}</a></li>
  <li><a href="#{% translate howitworks anchor.faq %}">{% translate howitworks %}</a></li>
  <li><a href="#{% translate used anchor.faq %}">{% translate used %}</a></li>
  <li><a href="#{% translate acquire anchor.faq %}">{% translate acquire %}</a></li>
  <li><a href="#{% translate makepayment anchor.faq %}">{% translate makepayment %}</a></li>
  <li><a href="#{% translate advantages anchor.faq %}">{% translate advantages %}</a></li>
  <li><a href="#{% translate disadvantages anchor.faq %}">{% translate disadvantages %}</a></li>
  <li><a href="#{% translate trust anchor.faq %}">{% translate trust %}</a></li>
  <li><a href="#{% translate makemoney anchor.faq %}">{% translate makemoney %}</a></li>
  <li><a href="#{% translate virtual anchor.faq %}">{% translate virtual %}</a></li>
  <li><a href="#{% translate anonymous anchor.faq %}">{% translate anonymous %}</a></li>
  <li><a href="#{% translate lost anchor.faq %}">{% translate lost %}</a></li>
  <li><a href="#{% translate scale anchor.faq %}">{% translate scale %}</a></li>
</ul>
<li><a href="#{% translate legal anchor.faq %}">{% translate legal %}</a></li>
<ul>
  <li><a href="#{% translate islegal anchor.faq %}">{% translate islegal %}</a></li>
  <li><a href="#{% translate illegalactivities anchor.faq %}">{% translate illegalactivities %}</a></li>
  <li><a href="#{% translate regulated anchor.faq %}">{% translate regulated %}</a></li>
  <li><a href="#{% translate taxes anchor.faq %}">{% translate taxes %}</a></li>
  <li><a href="#{% translate consumer anchor.faq %}">{% translate consumer %}</a></li>
</ul>
<li><a href="#{% translate economy anchor.faq %}">{% translate economy %}</a></li>
<ul>
  <li><a href="#{% translate bitcoinscreated anchor.faq %}">{% translate bitcoinscreated %}</a></li>
  <li><a href="#{% translate whyvalue anchor.faq %}">{% translate whyvalue %}</a></li>
  <li><a href="#{% translate whatprice anchor.faq %}">{% translate whatprice %}</a></li>
  <li><a href="#{% translate worthless anchor.faq %}">{% translate worthless %}</a></li>
  <li><a href="#{% translate bubble anchor.faq %}">{% translate bubble %}</a></li>
  <li><a href="#{% translate ponzi anchor.faq %}">{% translate ponzi %}</a></li>
  <li><a href="#{% translate earlyadopter anchor.faq %}">{% translate earlyadopter %}</a></li>
  <li><a href="#{% translate finitelimitation anchor.faq %}">{% translate finitelimitation %}</a></li>
  <li><a href="#{% translate deflationaryspiral anchor.faq %}">{% translate deflationaryspiral %}</a></li>
  <li><a href="#{% translate speculationvolatility anchor.faq %}">{% translate speculationvolatility %}</a></li>
  <li><a href="#{% translate buyall anchor.faq %}">{% translate buyall %}</a></li>
  <li><a href="#{% translate bettercurrency anchor.faq %}">{% translate bettercurrency %}</a></li>
</ul>
<li><a href="#{% translate transactions anchor.faq %}">{% translate transactions %}</a></li>
<ul>
  <li><a href="#{% translate tenminutes anchor.faq %}">{% translate tenminutes %}</a></li>
  <li><a href="#{% translate fee anchor.faq %}">{% translate fee %}</a></li>
  <li><a href="#{% translate poweredoff anchor.faq %}">{% translate poweredoff %}</a></li>
  <li><a href="#{% translate sync anchor.faq %}">{% translate sync %}</a></li>
</ul>
<li><a href="#{% translate mining anchor.faq %}">{% translate mining %}</a></li>
<ul>
  <li><a href="#{% translate whatismining anchor.faq %}">{% translate whatismining %}</a></li>
  <li><a href="#{% translate howminingworks anchor.faq %}">{% translate howminingworks %}</a></li>
  <li><a href="#{% translate miningwaste anchor.faq %}">{% translate miningwaste %}</a></li>
  <li><a href="#{% translate miningsecure anchor.faq %}">{% translate miningsecure %}</a></li>
  <li><a href="#{% translate miningstart anchor.faq %}">{% translate miningstart %}</a></li>
</ul>
<li><a href="#{% translate security anchor.faq %}">{% translate security %}</a></li>
<ul>
  <li><a href="#{% translate secure anchor.faq %}">{% translate secure %}</a></li>
  <li><a href="#{% translate hacked anchor.faq %}">{% translate hacked %}</a></li>
  <li><a href="#{% translate collude anchor.faq %}">{% translate collude %}</a></li>
  <li><a href="#{% translate quantum anchor.faq %}">{% translate quantum %}</a></li>
</ul>
<li><a href="#{% translate help anchor.faq %}">{% translate help %}</a></li>
<ul>
  <li><a href="#{% translate morehelp anchor.faq %}">{% translate morehelp %}</a></li>
</ul>
</ul>
</div>

<h2><a name="{% translate general anchor.faq %}">General</a></h2>

<h3><a name="{% translate whatisbitcoin anchor.faq %}">{% translate whatisbitcoin %}</a></h3>
<p>{% translate whatisbitcointxt1 %}</p>

<h3><a name="{% translate creator anchor.faq %}">{% translate creator %}</a></h3>
<p>{% translate creatortxt1 %}</p>
<p>{% translate creatortxt2 %}</p>

<h3><a name="{% translate whocontrols anchor.faq %}">{% translate whocontrols %}</a></h3>
<p>{% translate whocontrolstxt1 %}</p>

<h3><a name="{% translate howitworks anchor.faq%}">{% translate howitworks %}</a></h3>
<p>{% translate howitworkstxt1 %}</p>
<p>{% translate howitworkstxt2 %}</p>

<h3><a name="{% translate used anchor.faq %}">{% translate used %}</a></h3>
<p>{% translate usedtxt1 %}</p>
<p>
<img src="/img/faq/merchants_map.png" alt="Screenshot">
</p>

<h3><a name="{% translate acquire anchor.faq %}">{% translate acquire %}</a></h3>
<ul>
  <li>{% translate acquireli1 %}</li>
  <li>{% translate acquireli2 %}</li>
  <li>{% translate acquireli3 %}</li>
  <li>{% translate acquireli4 %}</li>
</ul>
<p>{% translate acquiretxt1 %}</p>

<h3><a name="{% translate makepayment anchor.faq %}">{% translate makepayment %}</a></h3>
<p>{% translate makepaymenttxt1 %}</p>
<p>
<img src="/img/faq/mobile_send.png" alt="Screenshot">
<img src="/img/faq/mobile_receive.png" alt="Screenshot">
</p>

<h3><a name="{% translate advantages anchor.faq %}">{% translate advantages %}</a></h3>
<ul>
  <li>{% translate advantagesli1 %}</li>
  <li>{% translate advantagesli2 %}</li>
  <li>{% translate advantagesli3 %}</li>
  <li>{% translate advantagesli4 %}</li>
  <li>{% translate advantagesli5 %}</li>
</ul>

<h3><a name="{% translate disadvantages anchor.faq %}">{% translate disadvantages %}</a></h3>
<ul>
  <li>{% translate disadvantagesli1 %}</li>
  <li>{% translate disadvantagesli2 %}</li>
  <li>{% translate disadvantagesli3 %}</li>
</ul>

<h3><a name="{% translate trust anchor.faq %}">{% translate trust %}</a></h3>
<p>{% translate trusttxt1 %}</p>

<h3><a name="{% translate makemoney anchor.faq %}">{% translate makemoney %}</a></h3>
<p>{% translate makemoneytxt1 %}</p>
<p>{% translate makemoneytxt2 %}</p>

<h3><a name="{% translate virtual anchor.faq %}">{% translate virtual %}</a></h3>
<p>{% translate virtualtxt1 %}</p>

<h3><a name="{% translate anonymous anchor.faq %}">{% translate anonymous %}</a></h3>
<p>{% translate anonymoustxt1 %}</p>
<p>{% translate anonymoustxt2 %}</p>

<h3><a name="{% translate lost anchor.faq %}">{% translate lost %}</a></h3>
<p>{% translate losttxt1 %}</p>

<h3><a name="{% translate scale anchor.faq %}">{% translate scale %}</a></h3>
<p>{% translate scaletxt1 %}</p>

<h2><a name="{% translate legal anchor.faq %}">{% translate legal %}</a></h2>


 
<h3><a name="{% translate islegal anchor.faq %}">{% translate islegal %}</a></h3>
<p>{% translate islegaltxt1 %}</p>
<p>{% translate islegaltxt2 %}</p>
<ul>
  <li><a href="https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf">Virtual Currency Schemes - European Central Bank</a></li>
  <li><a href="http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf">Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies</a></li>
  <li><a href="http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R001.pdf">Application of FinCEN’s Regulations to Virtual Currency Mining Operations</a></li>
  <li><a href="http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R002.pdf">Application of FinCEN’s Regulations to Virtual Currency Software Development and Certain Investment Activity</a></li>
</ul>


<h3><a name="{% translate illegalactivities anchor.faq %}">{% translate illegalactivities %}</a></h3>
<p>{% translate illegalactivitiestxt1 %}</p>
<p>{% translate illegalactivitiestxt2 %}</p>
<p>{% translate illegalactivitiestxt3 %}</p>

<h3><a name="{% translate regulated anchor.faq %}">{% translate regulated %}</a></h3>
<p>{% translate regulatedtxt1 %}</p>
<p>{% translate regulatedtxt2 %}</p>

<h3><a name="{% translate taxes anchor.faq %}">{% translate taxes %}</a></h3>
<p>{% translate taxestxt1 %}</p>

<h3><a name="{% translate consumer anchor.faq %}">{% translate consumer %}</a></h3>
<p>{% translate consumertxt1 %}</p>
<p>{% translate consumertxt2 %}</p>

<h2><a name="{% translate economy anchor.faq %}">{% translate economy %}</a></h2>

<h3><a name="{% translate bitcoinscreated anchor.faq %}">{% translate bitcoinscreated %}</a></h3>
<p>{% translate bitcoinscreatedtxt1 %}</p>
<p>{% translate bitcoinscreatedtxt2 %}</p>
<p>{% translate bitcoinscreatedtxt3 %}</p>

<h3><a name="{% translate whyvalue anchor.faq %}">{% translate whyvalue %}</a></h3>
<p>{% translate whyvaluetxt1 %}</p>

<h3><a name="{% translate whatprice anchor.faq %}">{% translate whatprice %}</a></h3>
<p>{% translate whatpricetxt1 %}</p>
<p>{% translate whatpriceimg1 %}<br><img src="/img/faq/price_chart.png" alt="chart"></p>

<h3><a name="{% translate worthless anchor.faq %}">{% translate worthless %}</a></h3>
<p>{% translate worthlesstxt1 %}</p>

<h3><a name="{% translate bubble anchor.faq %}">{% translate bubble %}</a></h3>
<p>{% translate bubbletxt1 %}</p>

<h3><a name="{% translate ponzi anchor.faq %}">{% translate ponzi %}</a></h3>
<p>{% translate ponzitxt1 %}</p>
<p>{% translate ponzitxt2 %}</p>

<h3><a name="{% translate earlyadopter anchor.faq %}">{% translate earlyadopter %}</a></h3>
<p>{% translate earlyadoptertxt1 %}</p>

<h3><a name="{% translate finitelimitation anchor.faq %}">{% translate finitelimitation %}</a></h3>
<p>{% translate finitelimitationtxt1 %}</p>

<h3><a name="{% translate deflationaryspiral anchor.faq %}">{% translate deflationaryspiral %}</a></h3>
<p>{% translate deflationaryspiraltxt1 %}</p>
<p>{% translate deflationaryspiraltxt2 %}</p>
<p>{% translate deflationaryspiraltxt3 %}</p>

<h3><a name="{% translate speculationvolatility anchor.faq %}">{% translate speculationvolatility %}</a></h3>
<p>{% translate speculationvolatilitytxt1 %}</p>
<p>{% translate speculationvolatilitytxt2 %}</p>

<h3><a name="{% translate buyall anchor.faq %}">{% translate buyall %}</a></h3>
<p>{% translate buyalltxt1 %}</p>

<h3><a name="{% translate bettercurrency anchor.faq %}">{% translate bettercurrency %}</a></h3>
<p>{% translate bettercurrencytxt1 %}</p>

<h2><a name="{% translate transactions anchor.faq %}">{% translate transactions %}</a></h2>

<h3><a name="{% translate tenminutes anchor.faq %}">{% translate tenminutes %}</a></h3>
<p>{% translate tenminutestxt1 %}</p>

<h3><a name="{% translate fee anchor.faq %}">{% translate fee %}</a></h3>
<p>{% translate feetxt1 %}</p>
<p>{% translate feetxt2 %}</p>

<h3><a name="{% translate poweredoff anchor.faq %}">{% translate poweredoff %}</a></h3>
<p>{% translate poweredofftxt1 %}</p>

<h3><a name="{% translate sync anchor.faq %}">{% translate sync %}</a></h3>
<p>{% translate synctxt1 %}</p>

<h2><a name="{% translate mining anchor.faq %}">{% translate mining %}</a></h2>

<h3><a name="{% translate whatismining anchor.faq %}">{% translate whatismining %}</a></h3>
<p>{% translate whatisminingtxt1 %}</p>

<h3><a name="{% translate howminingworks anchor.faq %}">{% translate howminingworks %}</a></h3>
<p>{% translate howminingworkstxt1 %}</p>
<p>{% translate howminingworkstxt2 %}</p>
<p>{% translate howminingworkstxt3 %}</p>
<p>{% translate howminingworkstxt4 %}</p>

<h3><a name="{% translate miningwaste anchor.faq %}">{% translate miningwaste %}</a></h3>
<p>{% translate miningwastetxt1 %}</p>
<p>{% translate miningwastetxt2 %}</p>

<h3><a name="{% translate miningsecure anchor.faq %}">{% translate miningsecure %}</a></h3>
<p>{% translate miningsecuretxt1 %}</p>

<h3><a name="{% translate miningstart anchor.faq %}">{% translate miningstart %}</a></h3>
<p>{% translate miningstarttxt1 %}</p>

<h2><a name="{% translate security anchor.faq %}">{% translate security %}</a></h2>

<h3><a name="{% translate secure anchor.faq %}">{% translate secure %}</a></h3>
<p>{% translate securetxt1 %}</p>

<h3><a name="{% translate hacked anchor.faq %}">{% translate hacked %}</a></h3>
<p>{% translate hackedtxt1 %}</p>
<p>{% translate hackedtxt2 %}</p>

<h3><a name="{% translate collude anchor.faq %}">{% translate collude %}</a></h3>
<p>{% translate colludetxt1 %}</p>
<p>{% translate colludetxt2 %}</p>

<h3><a name="{% translate quantum anchor.faq %}">{% translate quantum %}</a></h3>
<p>{% translate quantumtxt1 %}</p>

<h2><a name="{% translate help anchor.faq %}">{% translate help %}</a></h2>

<h3><a name="{% translate morehelp anchor.faq %}">{% translate morehelp %}</a></h3>
<p>{% translate morehelptxt1 %}</p>

{% endcase %}