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What is Bitcoin?

"Bitcoin is a distributed software protocol that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties."

~ nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsxxn50k

Happy #Bitcoin genesis day!

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Discussion

the Bridge 1w ago

Happy genesis day!

Dune Messias 1w ago

Happy Genesis Block Day! 🧡🎉⛏️

a source familiar with the matter 1w ago

So Bitcoin is not the currency?

sitting at an airport bar 1w ago

You’re reading it wrong.

a source familiar with the matter 1w ago

"Bitcoin is a distributed software protocol that allows for transfer of value using a currency..."

So either the definition is circular (not a definition) or Bitcoin is not the currency (or both)

Mimi 1w ago

It’s a terminology issue. It’s both the term for the trust network and the term for digital value AND yet…not mentioned in the white paper. Makes it fun! And confusing. Requiring everyone to do research.

a source familiar with the matter 1w ago

The whitepaper actually says that Bitcoin is a digital signature

SWIM 1w ago

True and unsurprisingly Antonopoulos said it very similarly earlier in his "the essence of Bitcoin" talk; or cutted to the point and with music here:

https://wavlake.com/track/59a4a7ea-504d-4c59-b17a-0a80202ed205

Thanius 1w ago

"Bitcoin é um protocolo de um software descentralizado que permite a transferência de valor usando uma moeda protegida de inflação descontrolada, sem depender da chancela de terceiros".

~nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsxxn50k

💎✊ Bitcoin em português