What Is BTC (The Currency)?

By

Jake Morr

on

August 25, 2023

A decentralized digital currency, Bitcoin (BTC), offers an alternative to traditional payment systems, operating outside the control of any single entity or government. Created for online transactions, Bitcoin operates on a ledger system governed by a protocol or set of rules. Users participate voluntarily, interacting with the network through nodes. Unlike fiat currencies, Bitcoin cannot be debased, achieving digital scarcity.

The Bitcoin Rabbit Hole 🕳️ 🐇

Money is technology that allows for the exchange of value through time & space.

Don't understand Bitcoin? I wrote this article to cover the basics.

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