Post by afifatabassum on Mar 12, 2024 8:14:39 GMT
Those who don't know bitcoin, raise your hand! Everyone has heard of it but few know exactly what it is. I will try to explain it synthetically in a few lines, also because a 500-page book would not be enough to delve into the topic well. Bitcoin is a decentralized digital currency. Digital currency in the sense that it can be used as a medium of exchange of… where_is_bitcoin_going_here_are_the_pessimistic_theses_and_the_optimistic_theses_in_comparison ... goods and services, a bit like classic fiat money , such as the dollar or the euro. Decentralized because it is a currency that lives on the network without a central authority that controls its flow and issuance.
According to many, it will become, in the Brazil Phone Number future, the world currency of exchange and every single bitcoin will acquire a stratospheric value, well above one million dollars. According to others, bitcoin itself will slowly die and only the underlying technology will remain of this colossal financial bubble , namely the blockchain , which will be used in numerous areas to definitively and unalterably record both monetary transactions and any other notarial deed , such as ownership deeds, authenticity deeds, contracts between multiple parties, etc.
All of this, in theory, without the need for expensive intermediaries. Bitcoin, and the technology that allows its use and issuance, were created between 2008 and 2009 by a mysterious programmer, one Satoshi Nakamoto , to take away from central banks the power to manage money , i.e. the medium with which citizens exchange goods and services. Bitcoin is therefore a people's currency that allows partially anonymous exchanges. It is owned by the citizens (in reality we only have fiat currencies on loan ) and the issue is regulated with a simply ingenious meritocratic system .
According to many, it will become, in the Brazil Phone Number future, the world currency of exchange and every single bitcoin will acquire a stratospheric value, well above one million dollars. According to others, bitcoin itself will slowly die and only the underlying technology will remain of this colossal financial bubble , namely the blockchain , which will be used in numerous areas to definitively and unalterably record both monetary transactions and any other notarial deed , such as ownership deeds, authenticity deeds, contracts between multiple parties, etc.
All of this, in theory, without the need for expensive intermediaries. Bitcoin, and the technology that allows its use and issuance, were created between 2008 and 2009 by a mysterious programmer, one Satoshi Nakamoto , to take away from central banks the power to manage money , i.e. the medium with which citizens exchange goods and services. Bitcoin is therefore a people's currency that allows partially anonymous exchanges. It is owned by the citizens (in reality we only have fiat currencies on loan ) and the issue is regulated with a simply ingenious meritocratic system .