Happy 11th Birthday Bitcoin!

”Bitcoin is the Internet of money”

Andreas Antonopoulos

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Bitcoin is deflationary, transparent, and Antifragile.

Who Created Bitcoin?

Bitcoin was created by Satoshi Nakomoto so act as you know…

“No one really  knows who Satoshi Nakomoto is. But he, she, or they had a vision for a new kind of currency in 2008.This new currency – or cryptocurrency – would not be centrally controlled by any one business or government. They called it Bitcoin, and it was a radically new way to transact and store value all around the world. Bitcoin holds its value because there’s a limited amount out there, kinda like a nugget of gold or silver. Powerful computer networks create each unique Bitcoin by using very complex math. This is called mining. A new kind of database, the Blockchain, validates that each Bitcoin exists – and confirms its rightful owner.”

Who Needs Bitcoin?

Go ask the 1.7 billion Unbanked across the globe why they need Bitcoin. Ask Venezuela or Argentina, Ask them who needs Bitcoin. The truth is We all need Bitcoin. Anyone wishing to free themselves from the oppression of the global banking system needs Bitcoin.

Accumulate as much as you can, whenever you can. Never spend more than you can afford to lose. these are the rules. A solid investment strategy is to Spread out your buys over some time so that your cost basis is the average price. Don’t ever FOMO and ignore the FUD. Price is not an issue in the long term, 1 BTC is worth 1 BTC.

*I am not a financial advisor so do your research

One BTC is worth one BTC always, don’t sell yourself short. Not your keys, not your Bitcoin these are the rules. 

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