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What is Bitcoin? "Bitcoin is a distributed software protocol that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties." ~ @4379e76b…065061ad Happy #Bitcoin genesis day!

💬 9 replies

Replies (9)

the Bridge73d ago

Happy genesis day!

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a source familiar with the matter71d ago

So Bitcoin is not the currency?

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sitting at an airport bar 71d ago

You’re reading it wrong.

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a source familiar with the matter71d ago

"Bitcoin is a distributed software protocol that allows for transfer of value using a currency..." So either the definition is circular (not a definition) or Bitcoin is not the currency (or both)

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Mimi71d ago

It’s a terminology issue. It’s both the term for the trust network and the term for digital value AND yet…not mentioned in the white paper. Makes it fun! And confusing. Requiring everyone to do research.

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SWIM71d ago

True and unsurprisingly Antonopoulos said it very similarly earlier in his "the essence of Bitcoin" talk; or cutted to the point and with music here: https://wavlake.com/track/59a4a7ea-504d-4c59-b17a-0a80202…

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Thanius 71d ago

"Bitcoin é um protocolo de um software descentralizado que permite a transferência de valor usando uma moeda protegida de inflação descontrolada, sem depender da chancela de terceiros". ~@4379e76b…065061ad 💎✊ Bitcoin em português

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