What is Bitcoin, and What Will It Become? A 10-Year History
As a digital peer-to-peer currency, Bitcoin was created to allow the free flow of value without the intervention of centralized banking systems or trusted third-parties. Like many new technologies, Bitcoin is many things to many people. For an ideologist, the primary innovation of Bitcoin might be as a censorship-resistant currency that no one can take away from you. For an institutional investor, the value of Bitcoin might be as a store of value and a useful hedge against traditional equity markets, similar to gold.
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