There’S no central authority, no single entity, manages bitcoin, so it’s censorship resistance.No entity or no one federal government business can shut down bitcoin, they can ban bitcoin, yet bitcoin has no borders. Sending out money bitcoin without regulators or banks reduces out the middleman, as well as this is the large reason why people are caring bitcoin as an investment as a long-term financial investment. Maintaining the network is cut in half and that events is recognized as a bitcoin halving or bitcoin harvening. Some of the considerable stuff that, in my experience, individuals have in fact normally asked about so what is bitcoin, who is the creator it’s by an individual or team confidential individual team called satoshi nakamoto, that’s as much as we understand regarding the designer it’s developed in 2008, went reside in january 2009, there is a white paper that clarifies what bitcoin is about, exactly how it works, and also you can discover that white paper online to find out more about it. There’S no central authority, no solitary entity, handles bitcoin, so it’s censorship resistance.No entity or no one federal government firm can shut down bitcoin, they can ban bitcoin, however bitcoin has no boundaries. It is fungible, suggesting one bitcoin will always deserve one bitcoin, comparable to one dollar is continuously worth one dollar. It is fungible, meaning one bitcoin will constantly be worth one bitcoin, simply like one dollar is constantly worth one dollar. Sending out cash money bitcoin without regulatory authorities or financial institutions reduces out the intermediary, and also this is the huge factor why people are caring bitcoin as a financial investment as a long-lasting economic investment.