libertyordeath on Nostr: npub1c660e…gtduv npub1f4hew…qvmz6 First a foremost, let’s differentiate Bitcoin ...

npub1c660ezre0ht785j7cstck6fl03jg3n6slzpuc8tzxjyzyudfkp2svgtduv (npub1c66…tduv) npub1f4hew0grvkhngpw6997a9f6me5t5fjvrydrxkt5gd9vt9l5p0m5qjqvmz6 (npub1f4h…vmz6) First a foremost, let’s differentiate Bitcoin from ‘crypto.’ Most crypto are Ponzi schemes and have no intrinsic value because they have centralized control and lack proof of work.

Bitcoin generates dividends for the miners in the form of the block reward. This incentivizes lots of computational work goes into securing transactions. This difficulty makes transactions valuable because they can be trusted.