Understanding Bitcoin

Explore the philosophy, potential, and momentum behind the digital revolution

Why Is Bitcoin Going Up?

Do you know why Bitcoin is going up? Maybe it’s the greater fool theory at play — where greater and greater fools believe they’re not the last in line. But perhaps it's also about recognition — that decentralized finance offers a path to reclaiming autonomy from failing centralized systems.

“The computer can be used as a tool to liberate and protect people, rather than to control them.” – Hal Finney

Bitcoin Basics

Bitcoin is a decentralized digital currency that operates without a central bank. It uses peer-to-peer technology and cryptographic proof to enable trustless transactions on a public ledger — the blockchain.

Created by the mysterious Satoshi Nakamoto in 2009, Bitcoin was designed to be resistant to inflation and manipulation, with a fixed supply of 21 million coins.

Scarcity and Value

Bitcoin’s supply limit makes it deflationary. As demand increases and the remaining supply diminishes, scarcity drives its value. This is in stark contrast to fiat currencies, which can be printed indefinitely.

Why People Believe in Bitcoin

Recent Market Trends

Institutional interest, increased public awareness, economic instability, and innovations like ETFs are pushing Bitcoin into the mainstream. It’s not just tech enthusiasts anymore — banks, corporations, and even governments are paying attention.

— by Bitcoin Lover —