MYOBTC on Nostr: What is #Bitcoin? A peer-to-peer electronic cash system #Bitcoin is a unique, ...

What is #Bitcoin?

A peer-to-peer electronic cash system

#Bitcoin is a unique, decentralized, peer-to-peer transaction network featuring a finite, programmable native digital currency. #Bitcoin (BTC), the intrinsic asset of the #Bitcoin blockchain, operates autonomously, free from central authorities or administrators. The #Bitcoin network's stability is achieved through the collaborative efforts of full nodes, miners, and developers. Its foundation lies in a user-established and user-agreed social contract, which is strengthened by the strategic use of game theory and sophisticated cryptography. Bitcoin's design ensures censorship-resistance, permissionless access, and a reliable store of value, making it an innovative and secure form of digital money.