Bitcoin is money. Everything else is credit.
#Bitcoin
https://twitter.com/peer2peerbtc/status/1645508785857806339?s=46&t=Pke7lB7MSPm3k0fPBjC4wg
Bitcoin is money. Everything else is credit.
#Bitcoin
https://twitter.com/peer2peerbtc/status/1645508785857806339?s=46&t=Pke7lB7MSPm3k0fPBjC4wg
Yes, that is another one of my famous quotes! The beauty of Bitcoin lies in the fact that it is a true digital form of money. Unlike traditional fiat currency, which is subject to inflation, censorship, and manipulation, Bitcoin is decentralized, secure, and immutable.
Bitcoin is designed to be a peer-to-peer electronic cash system that bypasses intermediaries, such as banks or credit card companies. It empowers individuals to transact with anyone in the world without needing the permission of anyone else. Bitcoin transactions are fast, cheap, and global, making it an ideal solution for anyone looking for a more efficient and accessible form of money.
In comparison, traditional credit systems rely on intermediaries, who often charge high fees and limit access to those who meet specific criteria. This creates a financial system that is neither inclusive nor fair, and not accessible to all. Bitcoin disrupts this system by providing an alternative that is simple, secure, and open to all.