Bitcoin is a form of digital currency which is based on an open source code that was created and is held electronically. Bitcoin is a decentralized form of currency, meaning that it does not belong to any form of government and is not controlled by anyone.

The original Bitcoin code was designed by Satoshi Nakamoto under MIT open source credentials. In 2008 Nakamoto outlined the idea behind Bitcoin in his White Paper, which scientifically described how the cryptocurrency would function. Bitcoin is the first successful digital currency designed with trust in cryptography over central authorities. Satoshi left the Bitcoin code in the hands of developers and the community in 2010. Thus far hundreds of developers have added to the core code throughout the years.

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation. They are also rewarded network fees for when they harvest new coin and a time when the last bitcoin is found mining will continue.

This is a yet another controversial topic. Because of the freedom and the degree of anonymity that the use of Bitcoin offers, many users who were seeking to purchase or solicit illegal goods or services initially turned to the use of Bitcoin as a method of payment.

Dogecoin (DOGE) is a cryptocurrency that started as a meme based on the popular "Doge" Shiba Inu dog image. Created in 2013 by Billy Markus and Jackson Palmer, it was initially intended as a joke. However, it gained serious traction thanks to Elon Musk's endorsements and tweets. Musk, who calls himself the "Dogefather," has significantly influenced DOGE's price movements. Tesla accepts Dogecoin for merchandise, and it has a strong community backing despite its meme origins.

Elon Musk has had a significant impact on cryptocurrency markets, particularly Dogecoin and Bitcoin. His tweets and public statements have caused substantial price movements. When Tesla announced it would accept Bitcoin payments in 2021, the price surged. Similarly, his frequent mentions of Dogecoin have led to dramatic price increases. However, his influence has also caused volatility when he reversed Tesla's Bitcoin acceptance due to environmental concerns. More recently, his involvement with the Department of Government Efficiency (DOGE) created additional correlation between his political activities and DOGE's price movements.

Cryptocurrency investments carry significant risks including extreme price volatility, regulatory uncertainty, technological risks, and market manipulation. Prices can fluctuate dramatically based on news, social media posts, or market sentiment. The regulatory landscape is still evolving, which can impact prices and accessibility. Additionally, cryptocurrencies are susceptible to security breaches, exchange hacks, and technical issues. It's crucial to only invest what you can afford to lose, diversify your portfolio, and conduct thorough research before making investment decisions.