What is Bitcoin? 10 Ways to Think About Bitcoin

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What is Bitcoin? 10 Ways to Think About Bitcoin:

-Bitcoin as a "coin"
-Bitcoin as a shared ledger
-Bitcoin as a payment network
-Bitcoin as a protocol (set of rules)
-Bitcoin as a whitepaper [link below]
-Bitcoin as a currency
-Bitcoin as world money
-Bitcoin as a Revolution!
-Bitcoin as an idea
-Bitcoin as a cult?

6 Properties of Bitcoin:
1. Open (public) - anyone can use it
2. Borderless - it does not recognize geopolitical boundaries
3. Decentralized - all participants have equal power and permission
4. Immutable - the "past" cannot be changed or destroyed
5. Uncensorable - transactions cannot be stopped
6. Peer-to-Peer (P2P) - there is no central intermediary

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My earlier video (What's the Difference Between Money and Currency?):
https://youtu.be/PiSmM1jKDyQ

The Bitcoin Whitepaper:
https://bitcoin.org/bitcoin.pdf

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