Your work has value.
Your money should too.
Free educational resources to help you understand Bitcoin, inflation, and how to protect your purchasing power.
Trying to outpace inflation?
There’s a better way . . .
Bitcoin is an inflation-proof online monetary system, separate from the U.S. monetary system. Its purpose? To bring the power of money back to individuals.
Tired of the math not "mathing"?
You're in the right place.
But what is BITCOIN?
Bitcoin is a digital money and monetary system separate from the US monetary system. As a system, Bitcoin creates money (bitcoin), distributes it via digital mining, and regulates the integrity of how it’s used.
But just because Bitcoin is digital doesn’t mean it’s not real.
Energy
Flip a light switch? That’s energy. Bitcoin uses real-world energy to secure the network and mint new coins.
Technology
Drive a car? That’s technology. Bitcoin runs on a massive decentralized network of computers worldwide.
Cryptography
Use email? That’s cryptography. Bitcoin uses advanced math to ensure transactions are impenetrable.
Who Invented Bitcoin?
Bitcoin is the world’s first truly scarce digital asset. It was created by an anonymous developer who went by the name Satoshi Nakamoto.
On October 31st, 2008, Nakamoto published the Bitcoin whitepaper to a cryptography mailing list, where he described Bitcoin as a “peer to peer electronic cash system.”
“Ok, but what if inflation isn't my main concern? Why should I use bitcoin?”
I’m glad you asked.
Remember paying cash for things? No one else was involved, just you, your cash, and the seller.
Enter the age of online purchasing where you can’t buy anything without governments/banks/credit card companies peering into your personal finances and overseeing how you move your money around. You no longer have direct access to your money. They do, and they control when and how you access it. So much for financial freedom. It’s more like financial fiefdom.
As a money, bitcoin is yours. You can truly own it and access it whenever and however you want. As an automated system, Bitcoin is self-governing... In short, Bitcoin is an online monetary system perfected, the solution to commerce in the digital age.
What is Peer-to-Peer Cash?
In essence, the main goal is to make each online transaction equal to exchanging physical cash between two people. This is why Satoshi described it as an electronic cash system that was “peer to peer.”
Because, when you spend bitcoin, you are sending it directly to the seller, without any need for a bank or some other third party to get involved. It’s almost as if you are handing them cash directly.
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Bitcoin Beginner
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