Basics_01 - Bitcoin... What is it?

Sure, everyone tells me that bitcoin is a new technology. That it's magic money for the internet and tokens you can buy and stick in an app that will probably be worth more later. But seriously… what the hell does all of that mean? I get that Bitcoin is a thing, but 'What is it?' Well let's get into it, with the first episode of Bitcoin Basics. Other episodes & works mentioned to dive deeper into these ideas are linked below: Guy's Take #44 - Bitcoin is Not What you Think it is Read_000 - The Bitcoin Whitepaper Layered Money 21 Lessons: What I've Learned from Falling Down the Bitcoin Rabbit Hole Read_660 - Bitcoin is Digital Scarcity Don't forget to leave any feedback at the links below and/or boost and comment on the Fountain app at fountain.fm Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in your cart! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- "Bitcoin is peer to peer in every sense; it is so by design and it could not be any other way. As free and open source, it is peer-to-peer software; as consensus-driven software, it is a peer-to-peer protocol; as a censorship-resistant protocol, it is a peer-to-peer app; as a distributed app, it is a peer-to-peer network; as a communications network, it is a peer-to-peer language; and as a peaceful language, it is a peer-to-peer community." – Allen Farrington & Sacha Meyers.