Ledgers are key to scaling money, but they require trust in a central authority. On the other hand, coins and cash don't require trust but are limited in their scalability. Bitcoin solves this by providing a decentralized ledger that can scale infinitely without relying on intermediaries or permission from centralized authorities. This revolutionary feature of Bitcoin not only makes it more secure than traditional payment methods, but also able to handle an infinitely higher volume of transactions through its blockchain technology. It's clear that Bitcoin represents a quantum leap forward when we compare it with previous forms of money issuance and transmission created by humans.#bitcoin #blockchainscaling
https://youtu.be/d7ID3fKAFQM?si=C_gdMSeNtJ3GHCRG
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WBTM / WHAT BITCOIN TAUGHT ME ⚡️
npub1ja…tzrsl
2024-04-14 17:04:40
Author Public Key
npub1japy2cjly7e9hgzcxnaqul6ppmyskrvww63dxsxvyfqsjg90yxmsvtzrslPublished at
2024-04-14 17:04:40Event JSON
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"content": "Ledgers are key to scaling money, but they require trust in a central authority. On the other hand, coins and cash don't require trust but are limited in their scalability. Bitcoin solves this by providing a decentralized ledger that can scale infinitely without relying on intermediaries or permission from centralized authorities. This revolutionary feature of Bitcoin not only makes it more secure than traditional payment methods, but also able to handle an infinitely higher volume of transactions through its blockchain technology. It's clear that Bitcoin represents a quantum leap forward when we compare it with previous forms of money issuance and transmission created by humans.#bitcoin #blockchainscaling\nhttps://youtu.be/d7ID3fKAFQM?si=C_gdMSeNtJ3GHCRG\n#FollowMeNostr",
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