There’S no main authority, no single entity, handles bitcoin, so it’s censorship resistance.No entity or no one federal government firm can shut down bitcoin, they can outlaw bitcoin, however bitcoin has no boundaries. Sending cash money bitcoin without regulators or banks reduces out the intermediary, as well as this is the huge factor why people are caring bitcoin as an investment as a long-term monetary investment. Maintaining the network is halved and also that events is comprehended as a bitcoin halving or bitcoin harvening. Some of the significant things that, in my experience, people have in fact typically asked regarding so what is bitcoin, that is the creator it’s by an individual or team confidential individual group called satoshi nakamoto, that’s as much as we comprehend about the designer it’s created in 2008, went stay in january 2009, there is a white paper that clarifies what bitcoin is around, exactly how it functions, and also you can uncover that white paper online to find out even more concerning it. There’S no main authority, no single entity, takes care of bitcoin, so it’s censorship resistance.No entity or no one federal government business can close down bitcoin, they can ban bitcoin, but bitcoin has no borders. It is fungible, suggesting one bitcoin will constantly should have one bitcoin, comparable to one dollar is continuously worth one dollar. It is fungible, implying one bitcoin will certainly always be worth one bitcoin, just like one dollar is constantly worth one dollar. Sending out cash money bitcoin without regulatory authorities or banks cuts out the intermediary, and also this is the large reason why individuals are caring bitcoin as a financial investment as a long-lasting monetary investment.