Foreword
Bitcoin was invented by an unknown inventor, group, institution, or agency named Satoshi Nakamoto in 2009, just after the financial crisis.
Click here for further details on the financial crisis.
A disruptive innovation that only provides in a limited number of coins, which is 21 million.
Purpose of bitcoin
There is a reason why I called bitcoin is a disruptive innovation, but no a typical technology innovation. If you can guess the invention purpose of bitcoin, you will understand what I am thinking.
That is a digital version of gold.
What makes bitcoin become digital gold?
To understand how bitcoin works, you will need to know how gold works. If you recognize the use, please continue reading. Else, I highly recommend reading the passage below first.
Click here for further details of gold.
As I have said at the start of this passage, bitcoin is a cryptocurrency that limited to 21 million coins, which means there will be only 21 million coins for mining.
Next Blockchain Article
I will bring up the theory that most of you might be familiar with, along with other unsolved puzzles of bitcoin.
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