@medalyon
$BTC What is Bitcoin (BTC)?
Bitcoin is an innovative Internet Protocol with or provide anonymous peer-to-peer digital value transactions without the need of a central authority or a bank to execute transactions, which means it is fully decentralized.
Bitcoins has become reality via the collective consensus of the network nodes. Bitcoin is open-source, open to the public, and no one has control over it.
Bitcoin transactions are:
Permissionless and borderless. You can send payment transactions in BTC to anyone, at anytime, and any amount, with no need of intermediaries like banks or governments. Nobody is able to restrict your remittance, freeze it or control it in any way;
You do not need to provide any ID or pass KYC/AML, which constitutes technology suitable for the unbanked, the privacy-conscious communities, or people in financially underdeveloped or sanctioned countries;
Bitcoin cannot be tampered with since nobody is able to block or freeze a transaction of any amount;
#Medalyon #btc
0 reply
0 recast
1 reaction