You don’t need to know how a microwave or an elevator or streaming a movie works to use them. But exchanging your hard-earned (slowly debasing) dollars for #bitcoin might feel risky if you don’t know how bitcoin works.
If you don’t know that bitcoin lives on a network of tens of thousands of independently run computers around the world meaning there’s no central server, no central point of failure.
If you don’t know that holding a private key is as secure as knowing the location of a random atom in the universe and any would-be thief would have to find that atom to steal your bitcoin.
Or that energy secures bitcoin, anchors it in the world of physics and ensures transactions are tamper-proof.
And that there will only ever be 21 million bitcoin (while your dollars are constantly being watered down by increasing government debt and fractional reserve banking.)
And no government, bank, corporation, group or individual controls bitcoin.
But once you do know some of these things you begin to have confidence that #bitcoin is extremely secure, very much in your control & is not just a superior form of money but a superior financial system overall. One the world needs as fiat currencies continue to inflate away. 