Latest Breaking News

It is decentralized. No company or nation state can control it. You control your own money.

To be fair, when I first hear about it 12 years ago, I thought exactly the same thing. It was a fad/scam/ponzi scheme, etc.

It is a different paradigm. I had to really educate myself about the fundamental nature of money and its history to really understand it. We went from trading shells, pretty beads, salt etc to silver and gold. Paper money was more convenient to carry around than gold. Checks even easier than paper money. But both required a central bank or monarch to get paid back. Bitcoin is an evolution of that system and eliminates the trusted middle person (banks, governments). In most of the developed world, our institutions are trusted. But in a billion people live under regimes without consistent rule of law. It is a revolutionary technology in those areas.