Bitcoin is an innovative payment network and a new kind of money.
BitcoinBitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoin transactions are secured by mathematics and energy. Cryptographic signatures
There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions.
It is well known that there will only be 21 million Bitcoin ever created. However, an estimated 3.7 million Bitcoin have been lost forever, leaving only 17.3 million Bitcoin that can ever be accessed and sold.
Fees are unrelated to the amount transferred, so it’s possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin.
Bitcoin payments are irreversible and secure, meaning that the cost of fraud is no longer pushed onto the shoulders of the merchants.
Sending bitcoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.
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The Bullish Case for Bitcoin
The Bullish Case for Bitcoin
If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.