Key Features: Rabbit Hole Decentralized This is the aspect that makes all the other key features possible. Limited Supply is only possible because there is no single point of failure. No Dictator can print more. No Government can print more. No appointed (not even elected!?) individual can print more. They can’t stop it. They can’t change it. They can’t make it disappear. And if they were truly looking out for our best interests they wouldn’t want to. Their only move is to embrace it. It’s taken 16 years but, fingers crossed, it’s looking good so far. The Security is only possible because there is no single point of failure… …and all the miners are verifying each others work to ensure they are doing the right thing. You have to be fast to get the reward, but if you’re not right it doesn’t matter how fast you were. No handshake in the closet, no briefcase switcheroo, no thug in a dark ally… …just good ol fashioned verifiable facts and truth… And it just keeps chugging along... The efficiency is only possible because there is no single point of failure. Most of us don’t realize the grotesque inefficiency of the Fiat systems. When we make a purchase it’s usually at least 5 walls it must go through … Each charging a fee… each having the ability to stop it – for whatever reason. Bitcoin goes from me to you, the protocol simply verifies I am me and you are where I want it to go. It doesn’t care what color your skin is. It doesn’t care what religion you practice. It doesn’t care if you are wealthy or poor. It doesn’t care what your gender is. It doesn’t care if you are buying peanuts, a Mercedes, or ammunition. It doesn’t care if you are a Canadian trucker protesting what you feel is Government over-reach. It doesn’t care if you are on your way to a medical emergency. It doesn’t care if you are on vacation. It doesn’t care if you forgot your ID at home. It doesn’t care what your education level is. It doesn’t care if you are on the left edge... It doesn’t care if you are on the right edge… It doesn’t care if you are in the middle… It doesn’t care if you ignore all that left, middle, right nonsense all together. It just cares it’s yours, and you can do with it as you see fit. And a fair, functioning financial system should not care about any of those things… … or the truly endless list of other barriers that slow down, stop, or complicate fiat transactions. Back to 'Key Features' | Next Topic (Verifiable) Register Log In
