There’S no central authority, no single entity, manages bitcoin, so it’s censorship resistance.No entity or no one federal government company can shut down bitcoin, they can outlaw bitcoin, yet bitcoin has no borders. Sending money bitcoin without regulators or banks reduces out the middleman, and also this is the huge factor why people are caring bitcoin as an investment as a long-term economic investment. Preserving the network is cut in half and also that events is comprehended as a bitcoin halving or bitcoin harvening. Some of the considerable things that, in my experience, people have in fact usually inquired regarding so what is bitcoin, that is the designer it’s by a specific or group anonymous personal team called satoshi nakamoto, that’s as much as we recognize about the designer it’s developed in 2008, went stay in january 2009, there is a white paper that explains what bitcoin is about, how it works, and you can find that white paper online to find out even more regarding it. There’S no main authority, no solitary entity, takes care of bitcoin, so it’s censorship resistance.No entity or no one federal government business can close down bitcoin, they can prohibit bitcoin, however bitcoin has no boundaries. It is fungible, suggesting one bitcoin will certainly constantly be entitled to one bitcoin, comparable to one dollar is regularly worth one dollar. It is fungible, indicating one bitcoin will always be worth one bitcoin, simply like one dollar is constantly worth one dollar. Sending out cash bitcoin without regulatory authorities or financial institutions reduces out the intermediary, and this is the huge reason why people are caring bitcoin as a financial investment as a lasting economic investment.