There’S no central authority, no solitary entity, handles bitcoin, so it’s censorship resistance.No entity or no one federal government firm can close down bitcoin, they can outlaw bitcoin, but bitcoin has no borders. Sending out money bitcoin without regulatory authorities or financial institutions reduces out the intermediary, as well as this is the huge reason why people are caring bitcoin as a financial investment as a long-term economic investment. Maintaining the network is cut in half and also that celebrations is recognized as a bitcoin halving or bitcoin harvening. Some of the significant stuff that, in my experience, people have in fact typically asked regarding so what is bitcoin, that is the creator it’s by a private or team confidential individual team called satoshi nakamoto, that’s as much as we understand concerning the developer it’s produced in 2008, went reside in january 2009, there is a white paper that explains what bitcoin is about, how it functions, as well as you can find that white paper online to locate out even more about it. There’S no main authority, no single entity, manages bitcoin, so it’s censorship resistance.No entity or no one federal government business can close down bitcoin, they can prohibit bitcoin, yet bitcoin has no boundaries. It is fungible, meaning one bitcoin will always should have one bitcoin, similar to one dollar is constantly worth one dollar. It is fungible, indicating one bitcoin will certainly always be worth one bitcoin, simply like one dollar is constantly worth one dollar. Sending cash money bitcoin without regulators or banks reduces out the intermediary, and this is the big factor why individuals are caring bitcoin as a financial investment as a long-lasting economic investment.