If money is, at its core, simply a ledger of value…

Then it makes sense that governments have generally been in charge of the creation and management of money throughout history.

The problem with this, as it turns out, is that centralized governments are quickly incentivized to create “sub-money,” that is, fiat or other debased currency, in order to steal the purchasing power of its citizens over time in a stealthy manner.

This stealthy theft has a name: Inflation.

What if a money could be conceived that has and maintains a truly decentralized ledger?

If this were possible, would a centralized government or other authority be necessary to maintain the monetary ledger and give it validity?

Many fiat brains have a difficult time comprehending this idea… especially if it’s the first time they have thought about it.

Among other attributes, #Bitcoin is the world’s first and only truly decentralized monetary network.

It is decentralized money of the people, by the people, and for the people.