What is Bitcoin?
Bitcoin is an open, decentralized, and secure protocol for money. It allows anyone, anywhere, to store, send, and receive value without needing permission from a government, bank, or corporation.
It’s not a company or an app. It’s a set of mathematical rules, enforced by a global network of participants, and secured by energy.
Bitcoin is the most profound shift humanity has ever seen. It is more profound than any invention humanity has ever created.
If it stays decentralized and secure then no matter what we do it is imposing new rules on the world. That means prices fall to the marginal costs of production and the free market is deflationary. You don’t have to believe in that statement but it’s happening to you anyways. So if you don’t hold bitcoin, your prices are going up. If you denominate in bitcoin, all prices are going down. And they will forever.
— Jeff Booth
Why is Bitcoin Revolutionary?
Because it does two things that have never existed together before:
- Scarcity: There will only ever be 21 million Bitcoin. That makes it the hardest money ever created — no one can print more.
- Decentralization: No one can manipulate it. Not a company, not a government. Just math, code, and people around the world voluntarily running it.
Together, that means Bitcoin is money you can trust, not because you trust someone — but because you don't have to.
How Does Bitcoin Benefit Me?
- It protects your savings from inflation.
- It gives you financial freedom — you own it, not a bank.
- You can send money to anyone, anywhere, instantly — with no middlemen.
- It’s open to everyone, even to the billions of people without access to banks.
What Are Satoshis?
Just like a dollar has cents, a Bitcoin has Satoshis.
- 1 Bitcoin = 100,000,000 Satoshis
- You don’t need to buy a whole Bitcoin. You can start with a few sats (like $1 worth).
Why Not Just Use the Money We Have?
Because today’s money:
- Loses value every year due to inflation.
- Is controlled by governments and central banks who can print more at will.
- Is based on debt and inequality just to keep functioning.
Is Bitcoin safe?
Yes — if you hold your own keys.
The Bitcoin network has never been hacked. You control your Bitcoin with your own wallet—just like having cash in your own vault.
How Do I Use Bitcoin?
- Download a Bitcoin wallet.
- Buy small amounts from a trusted exchange, peer-2-peer platform or earn it directly.
- Send, receive, and store it yourself. You don’t need a bank.