Bitcoin is a zero to one innovation, making peer-to-peer digital money truly possible for the first time in what is a major technological advance that was more than a ten times improvement on what came before. Further innovation is always possible with Bitcoin, and occasionally results in a âforkâ of the bitcoin code, allowing an entirely new cryptocurrency to be born that is based on Bitcoin but can never truly be Bitcoin.With no centralized figurehead or organization, Bitcoin has no single point of failure, delivering a system that is truly decentralized with software that allows anyone to have control over their own money and trustlessly verify the authenticity and scarcity of the bitcoins they receive.
Bitcoin is antifragile, with the Lindy Effect of its longevity demonstrating an ability to survive, even in a hostile environment of contentious hard forks and government bans. Combined with the trust and familiarity that comes with the brand, Bitcoinâs network effect drives more people to consider it a store of value, incentivizing more participants in return, and so on, increasing utility from an expanding user base.#BTCâ #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves
