Imagine your friend Joe, who keeps borrowing money to pay off old loans, always promising to pay back but never really does.
Now, picture a magical town where everyone trusts Joe no matter what, because he's been around forever and has a big house (this is like a government).
Joe can keep borrowing because his neighbors believe he's good for it, even if he spends more than he earns. Companies and regular folks can't do this because their neighbors start doubting they'll ever see their money again if they keep borrowing without a clear way to pay back.
Now, enter Bitcoin, a superhero in this story. Bitcoin doesn't trust Joe's promise or the magical trust of the town. It says, "Show me you have the money, and I'll believe you." Bitcoin works on a system where you can only spend what you have, making it impossible for Joe to keep borrowing without showing he has the value to back it up.
It's like a truth serum for the economy, ensuring everyone plays fair and lives within their means. In the world of Bitcoin, magical trust doesn't work; real value does.
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