Bitcoin Introduction
This is an introduction to Bitcoin from my point of view. There are hundreds and thousands of places to learn about Bitcoin, so what makes this different? it is through my lens and perspective. That’s it.
To learn about Bitcoin, you have to unlearn other things. That’s what makes it hard and confusing. You have to think about the meaning behind obvious terms like “money”, “wealth”, or “value”. So people that don’t invest the time, or struggle with un-learning, push back and resist. They think it must be a scheme or a scam. I ask you to pause those thoughts. You are welcome to come back to that conclusion, but for now, proceed with an inquisitive mind.
So with that, here are the basics for me, go in any order!
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Bitcoin is online money, like ApplePay or Venmo. The difference is that in those systems, many companies see your transaction, take a fee, and in some cases might block your transaction. With Bitcoin you can pay someone directly, person to person. This is called “decentralized” and basically means no more middlemen!