Introduction to BITCOIN

BITCOIN is a cryptocurrency. To be precise, it's a decentralized digital currency, which can be sent between users, by means of the peer-to-peer bitcoin network, without the need for intermediaries.

The transactions are verified by the nodes of the network through cryptography, and recorded in a distributed public ledger, called the blockchain.

BITCOIN is optimization of monetary energy, by means of pure mathematics.

BITCOIN is absolutely and incorruptibly EQUAL, as it is governed by an ALGORITHM, the functioning of which is in fact UNALTERABLE, without the prior consent of the majority.

BITCOIN has the potential to reduce monetary property distortions, caused in society by certain groups of power.

This is because the BITCOIN protocol belongs to everyone, and it's not controlled by any government, nor by any institution, central bank or company.

Indeed, we could define BITCOIN as the ultimate expression of antifragile monetary property.

BITCOIN is therefore a form of property that turns out to be:

- Difficult to be attacked by any hostile actor,

- Sufficiently complex to be intercepted, and even more complex to be confiscated.

BITCOIN is an insurance of FREEDOM on the monetary property of the individual. Freedom to accumulate and dispose of one's monetary energy, in any place and at any time.

BITCOIN is also an incentive algorithm for saving and optimizing resources, both for the people who hold them and for the miners who extract them.

In fact, miners are forced to optimize their energy efficiency in the best possible way, in order to remain competitive and consequently survive the various market phases.

BITCOIN is high SURVIVABILITY, great speed and efficiency, even in extreme conditions, such as serious banking crises and / or wars etc.

The BITCOIN network is the absolute form of constant decentralized operation H24 7/7, without any interruption, able to transfer at the speed of light, important quantities of transactions, small and large, of private monetary energy.

BITCOIN, due to the limited "circulation" of only 21 million units, is innately predisposed to convey monetary energy, tending towards 0 inflation.



This extremely limited offering has certainly contributed to its long-term value appreciation in markets.

BITCOIN is considered the KING of cryptocurrencies.

The oldest cryptocurrency, as well as the greatest exponent of the crypto/blockchain sector.

One of the most promising, innovative and disruptive sectors of the global economy of the present, and probably also of the future.

In fact, some of the smartest developers in the world have dedicated themselves to BITCOIN, and more generally,

currently, many of the world's best programming talents are still engaged in the cryptocurrency and blockchain sector.

Betting against BITCOIN and cryptocurrencies in the next few years, therefore, also means betting against the record collective IQ of these programmers.

For all the reasons explained above, and many others, BITCOIN turns out to be an elegant and refined idea, which also represents HOPE for a better future.

Born in 2008, BITCOIN could be an interesting topic for anyone who is passionate about economics, but not only.

A topic with great potential, fascinating to be explored, to study well its characteristics, functioning, and the various dynamics that involve it.