QUEST
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metamitya
metamitya
#bitcoin is a digital, peer to peer, cryptographically secure, deflationary money
09/24/17
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metamitya
metamitya
#bitcoin is important bc it's the first digital money which can be stored or sent from one person to another w/o relying on a central authority like a bank or corporation
09/24/17
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metamitya
metamitya
#bitcoin has the convenience of other digital money but bc it is peer to peer - has no central authority - it's very difficult to censor or control
09/27/17
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metamitya
metamitya
#bitcoin is secured by cryptography so that those who transact on its network have a level of anonymity and their funds cannot be seized by hackers or governments
09/27/17
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metamitya
metamitya
the #bitcoin software guarantees that only 21 million will be created making bitcoin scarce and therefore valuable and making it impossible to devalue through inflation
09/27/17