Bitcoin is the first cryptocurrency. It has an open source that no one owns or controls. Its transactions and emissions are regulated by an extensive peer-to-peer network. The cryptocurrency uses a single database distributed on the network, included in a decentralized peer-to-peer network that uses an electronic digital signature and is supported by a proof-of-work protocol to ensure the security and legitimacy of the funds put into circulation.

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Tuur Demeester

RT @TuurDemeester: I was confused learning that France’s hyperinflationary paper money actually wasn’t cash but rather were short term IOUs…

I was confused learning that France’s hyperinflationary paper money actually wasn’t cash but rather were short term IOUs. Today I see everyone agreeing that short term government bonds are much safer than cash at the bank, and I’m starting to understand… 🤔🥺 https://t.co/xF4pttQ4V3

First ICO? Launched in 1790, Assignats were paper tokens "backed by" confiscated church lands. Replaced by Napoleon's Silver Standard. https://t.co/VYSkuq7b6U

RT @TuurDemeester: I was confused learning that France's hyperinflationary paper money actually wasn't cash but rather were shor