ÐIGITΛL ΛSSΞTS EÐUCΛTION LLC: Social Justice

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Sunday, January 16, 2022

Bitcoin Is Absolutely A Tool For Social Justice | Yahoo

‘Bitcoin is absolutely a tool for social justice’: ex-government regulator turned crypto adviser https://t.co/w9t69Ih15j by @theMarquiseF pic.twitter.com/Mk76j9wDFy
— Yahoo Finance (@YahooFinance) January 16, 2022

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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.