ÐIGITΛL ΛSSΞTS EÐUCΛTION LLC: Bitcoin: Is a New Avenue to Black Wealth-Building Opening?

Friday, October 29, 2021

Bitcoin: Is a New Avenue to Black Wealth-Building Opening?

Shoutout to all my #Bitcoin OGs @SkinnerLiber8ed @bigmarh @BlkBTCBillions

We worked EXTREMELY HARD to make sure black people got involved in the space and now we are more likely to buy #Bitcoin and crypto than any other demographichttps://t.co/xMKkTHXJnP
— No 🔑 No 🧀 (@bitcoinzay) October 28, 2021

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What Is Bitcoin BTC?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.