What is Bitcoin? Here’s a wild list of ridiculously divergent interpretations of the #1 cryptocurrency.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator. The network is peer-to-peer and transactions take place between users directly through the use of cryptography, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
Bitcoin is good
The Cavalier Daily
Bitcoin Is Disgusting, Detestable, Noxious Poison
Bitcoin Is a Delusion That Could Conquer the World
Bitcoin Is an Emerging Systemic Risk
Bitcoin is ‘digital gold’ for millennials and could reach the ‘$100,000 range,’ says strategist Tom Lee
Bitcoin Is the New Gold
Bitcoin Is What Email Was In Early 90s
Bitcoin Is the New Crisis Currency
Bitcoin is a fraud that will blow up, says JP Morgan boss
Bitcoin is fiat money, too
Bitcoin is Evil
The New York Times
Disclaimer: The opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility.
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