24 November, 2021

Bitcoin

Posted by Socrates in Bitcoin, central banking at 8:39 pm | Permanent Link

“Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.” — Wikipedia.

I confess to knowing nothing about Bitcoin. Zero. But Alex likes it.

Currently, 1 Bitcoin is worth $57,000.

Some people say that Bitcoin will kill (Jewish) central banking. If so, great!


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