✖ WHAT IS THIS THING CALLED BITCOIN REALLY ?

✔ What is this thing called Bitcoin really ?

Bitcoin is a decentralised system backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined.
There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.

Receive and transfer money, from cents (micropayments) to thousands:

Almost for free (a few cents fee)

Privacy (no need to expose personal information)

Securely (encrypted cryptographically and can’t be confiscated)

Instantly (from seconds to a few minutes)

Open source (auditable by anybody)

Worldwide (from anywhere to anywhere on the planet)

Peer-to-peer (no intermediaries with a cut)

Public ledger (transparent, seen by everybody)

Decentralized (distributed with no single point of failure)

No chargebacks-No fraud ('push' vs' 'pull' transactions)

And that’s just as currency, Bitcoin has many more uses and applications.

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