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 outlaw bitcoin, yet bitcoin has no borders. Sending out cash bitcoin without regulators or banks reduces out the middleman, as well as this is the big factor why people are caring bitcoin as a financial investment as a long-term financial investment. Keeping the network is halved as well as that occasions is understood as a bitcoin halving or bitcoin harvening. Some of the considerable things that, in my experience, people have really generally made inquiries concerning so what is bitcoin, that is the designer it’s by a specific or team confidential personal team called satoshi nakamoto, that’s as much as we understand concerning the designer it’s developed in 2008, went live in january 2009, there is a white paper that explains what bitcoin is around, how it works, and also you can uncover that white paper online to discover out even more concerning it.
There’S no central authority, no solitary entity, handles bitcoin, so it’s censorship resistance.No entity or no one federal government business can shut down bitcoin, they can ban bitcoin, but bitcoin has no boundaries. It is fungible, implying one bitcoin will always deserve one bitcoin, similar to one dollar is regularly worth one dollar. It is fungible, implying one bitcoin will constantly be worth one bitcoin, merely like one dollar is continuously worth one dollar. Sending money bitcoin without regulatory authorities or financial institutions reduces out the intermediary, and also this is the large reason why individuals are caring bitcoin as an investment as a long-lasting financial investment.