Bitcoin is Based Poster


Bitcoin is a crypto-currency allowing for anonymous transactions and a decentralized architecture. Bitcoin transactions offer several benefits, such as low transaction fees and speedier processing, compared to transactions conducted with centralized currencies like the U.S. dollar. Conventional fiat currencies are subject to multiple restrictions and risks. For example, banks are vulnerable to boom and bust cycles in the economy. Sometimes, these situations can end in bank runs and crashes, as has occurred numerous times in the past. This means that users are not really in control of their money. Theoretically, at least, bitcoin promises user autonomy because its price is not linked to specific government policies. This means that users and owners of the cryptocurrency are in control of their money.

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