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BITCOINSAFARITZ 2y ago

Questions in English

1 .what is bitcoin ??

2.what is wallet of satoshi ?and it's function ?

3.what is sats ? And 1 bitcoin is equal to how many sats ??

4. Do you think what is the difference between decentralized system and centralized system with examples??

5.what do you think about the fiat money and bitcoin ,which one will be the future money and why ??

6.mention at least four bitcoinb/sats wallets you know ??? And which one do you have ,??

7.who is satoshi nakamoto and what was the first price of bitcoin in 2009??

8. $ 1 is equal to how many sats and bitcoin ???

9.how many sats do you have and if you don't have why don't you have ???😃😃😃⚡

10. Why bitcoin is for everyone and everywhere across the world and our fiat money ( tanzania shillings ) is not for everyone and everywhere across the world?

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Discussion

Linda Satoshi ⚡🧡💜 2y ago

1 - Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography.

2 - Wallet of Satoshi is a mobile app for iOS and Android that lets you send and receive Lightning payments.

3 - 1 BTC = 100,000,000 Sats (100M)

4 - Twitter x Nostr

5 - Hard to say. I think they will coexist for quite some time, but in the long run, Bitcoin will prevail. Why? Better technology and scarcity

6 - WoS, Alby, BlueWallet, Bitcoin Wallet, Ledger...

7 - Those who know this answer are very good at keeping it a secret.

8 - Right now: 1$ = 0,000044760 BTC

9 - Just DCA, stack sats... and Zap... :)

10 - BTC is decentralized and is at internet. Fiat is limited by nation states and their central banks. All currencies can be traded around the world (if your bank and your country accept it), but there is a lot of bureaucracy and some currencies do not have great adherence