why bitcoin

why work for what someone can print?

we spend so much time working for money without knowing what it is

i certainly didn’t, until i heard of bitcoin. the magic internet money. which lead me down a never ending rabbit hole…

there are many good books, articles and videos about bitcoin (see below). what follows are just some of my thoughts

the four ‘ingredients’

  1. peer-to-peer network
  2. mining process (pow)
  3. inefficient blockchain
  4. fixed supply (deflation)

misconceptions

external links

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