Bitcoin: What it did Differently

Commemorative Bitcoin and fiat currency.
Commemorative Bitcoin and fiat currency. (Credit: Zach Copley CC-BY-SA-2.0)

Technologies in their early stages often face an uphill battle against public distrust. Radio, television, motor vehicles, and even sliced bread each faced harsh criticism in their nascent stages. The Bitcoin (BTC) blockchain and other cryptocurrencies are no exception.

So in this video, we’ll explore few Bitcoin properties that are easily misread or overshadowed by its price volatility.

THIS IS NOT INVESTMENT ADVICE. Unboxing Tomorrow does not provide investment, financial, or tax advice and I am not a qualified licensed investment advisor. Conduct your own due diligence or consult a licensed financial advisor before making investment decisions. As of the publication date, I hold Bitcoin (BTC) and other cryptocurrencies.

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References

[1]Satoshi Nakamoto, “Bitcoin: A Peer-to-Peer Electronic Cash System,” 2008. [Online]. Available: http://satoshinakamoto.me/bitcoin.pdf. [Accessed 19 Apr. 2021].
[2]Y. Elmandjra, “Debunking Common Bitcoin Myths,” Ark Investment Management LLC, 26 June 2020. [Online]. Available: https://ark-invest.com/articles/analyst-research/bitcoin-myths/. [Accessed 19 Apr. 2021].
[3]D. Held, “PoW is Efficient,” Medium.com, 14 Sep. 2018. [Online]. Available: https://danhedl.medium.com/pow-is-efficient-aa3d442754d3. [Accessed 19 Apr. 2021].