How would you explain bitcoin to a complete newbie (me, lol)? #asknostr
It is a form of money that is on the internet. With this money you can send to a peer of your choice, anywhere around the world without any government, bank, or any other 3rd party involves. It is strictly peer to peer. Benefits: Your Money (Bitcoin) is secure by math and cryptography (code) Low cost No trusted 3rd party Free to use Summary: Bitcoin is digital money that exists on the internet, allowing you to send it directly to anyone, anywhere in the world, without relying on banks, governments, or middlemen. It’s secured by advanced math and cryptography, making it highly secure. Transactions are fast, low-cost, and accessible to anyone with an internet connection. Hope this helps
Limited supply - 21 million total bitcoins. Ever Permissionless - you can’t be ‘un-bitcoined’, sanctioned, or blocked from any transaction. Trustless - you are your own bank. No trusting third party intermediaries.
The equivalent to Neo in the Matrix asking Morpheus why his eyes hurt, and being told he had never used them before.
Any attempt to create something indestructible would result in bitcoin. Encryption is proof that God loves anarchists, and built the universe specifically for them (us). Bitcoin is pure value, isolated from any material medium of transmission.
It's like a book that later becomes the most popular movie series of all time but irl. nostr:nevent1qqsqx5tqdvz9jxa6mekc48lr9evct7ah9xlj32yue764qmz2lz042espz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygp68lq4elh46wj446lnk6gjh6qqkscu0kd5kkrf9nwgupmnyv9jd5psgqqqqqqstwfd3m
nostr:nprofile1qqsr7acdvhf6we9fch94qwhpy0nza36e3tgrtkpku25ppuu80f69kfqpramhxue69uhkummnw3ez6un9d3shjtnyv4ex26mjdaehxtndv5hsz9mhwden5te0wfjkccte9ehx7um5wghxyctwvshszxthwden5te0wfjkccte9ekk7mt0wd68ytnsd9hxktc79dllq do your thing good sir!!!
It's just money. A new form of money that isn't controlled by anyone or anything and therefore it can't be manipulated or corrupted.
Bitcoiners are all like: This is the moment I've been waiting for 😂😂😂 nostr:nevent1qqsqx5tqdvz9jxa6mekc48lr9evct7ah9xlj32yue764qmz2lz042espzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3q8gluzh877hf62kht7wmfz2lgqz6rr37ekj6cdykders8wv3skfksxpqqqqqqz0mp2hm
It's hard to explain. Bitcoin and the technology behind it solve many problems we face today and in the future. Imo, summed up... Bitcoin is the Nikola Teala of finance.
It's just a type of money for the Internet. Nobody controls it, so it's fair. Keep learning!
Self- responsibility. You're very own money. https://image.nostr.build/9b51e777bfe88c59179b1adff4ebb278309136152c30d635dd0dc010b9cfe042.jpg
Your* -.-