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Flat White

Everything you always wanted to know about bitcoin (but were afraid to ask)

10 March 2020

7:32 PM

10 March 2020

7:32 PM

Bitcoin has gone through bull and bear market hype cycles in its 11-year history. That it doesn’t just die and go away might be puzzling to casual observers.  

What is bitcoin anyway? It’s a parallel, open financial system with a new money that is strictly limited to no more than 21 million bitcoins (each divisible to 100 million satoshis or ‘sats’). 

More specifically, bitcoin is two things: a monetary token, and an open source payment network.

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