LadyBitsBTC on Nostr: “Bitcoin is a decentralized, digital currency,” explained Remy. “Unlike the ...
“Bitcoin is a decentralized, digital currency,” explained Remy. “Unlike the jingling coins or paper bills you use for trading, Bitcoin exists only in the digital world and is stored in something called a ‘blockchain.’ It is safe and secure because it requires everyone using it to agree to the same set of rules. It allows Creatures from any Forest to exchange value, without needing anyone else’s permission or going through a third party. It keeps the Forest balanced! It is sound money, and solves all sorts of problems created by government dollars."
“Like inflation?” Sam asked. He remembered his dad talking about how inflation made their dollars worth less than they were even a few years ago.
“Yes!” answered Remy. “The more money the government prints, the less it is worth because there is more of it in circulation. Would you like to know more?”
Sam eagerly nodded, and they followed Remy towards the heart of the Forest: The Bitcoin Tree.
“Like inflation?” Sam asked. He remembered his dad talking about how inflation made their dollars worth less than they were even a few years ago.
“Yes!” answered Remy. “The more money the government prints, the less it is worth because there is more of it in circulation. Would you like to know more?”
Sam eagerly nodded, and they followed Remy towards the heart of the Forest: The Bitcoin Tree.