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2024-08-28 00:06:38

born4freedom on Nostr: Bitcoin is a decentralized digital currency that is not subject to government or ...

Bitcoin is a decentralized digital currency that is not subject to government or financial institution control.

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin is pseudonymous, meaning that transactions are not directly tied to real-world identities, but can be traced through the blockchain.

In short, Bitcoin is a digital currency that is: 👇
🟧 Decentralized: Not controlled by any government or financial institution.

🟧 Secure: Transactions are verified and secured through cryptography.

🟧 Transparent: All transactions are recorded on a public blockchain.

🟧 Pseudonymous: Transactions are not directly tied to real-world identities.


Do you agree ?


Author Public Key
npub1ph9zwk5948jv3td3gmu2uedyt6l3tdktpkcw2chqwnd3fw2w93fqxxu080