Investors should not focus on the price of an individual unit, but rather on the market capitalization and liquidity of the whole currency; the much larger capitalization and significantly deeper liquidity of Bitcoin is a reflection of its stronger network effect and utility for storing value.
Never in the history of the world had it been possible to transfer value between distant parties without relying on a trusted intermediary such as a bank or government.
Bitcoin is freedom 🧡⚡️
every new dollar created dilutes the value of every dollar already in existence. It's a form of taxation without legislation, wealth redistribution without debate, a system that inevitably transfers purchasing power from the many to the few who are closest to the money spigot.
institutions is eroding, Bitcoin provides a trustless system—one where rules are enforced not by people or organizations, but by code.
#bitcoin #nostr #books
So, what is Bitcoin? At its core, Bitcoin is a decentralized digital currency. Unlike traditional money—which is issued and controlled by governments or central banks—Bitcoin is powered by a network of computers around the world.