I am the bitcoin

Bitcoin is a form of digital currency that can be sent over the internet, is censorship resistent and is decentralised. Bitcoin allows for peer to peer (person to person), payments without the involvement of trusted third parties such as banks or clearing houses.

Each transaction is verified by what is know as miners. Miners are private individuals or corporations that utilise hardware such as computers to run algorithms (mathematical problems), that then verify payments. Miners are paid via transaction fees and also via the issuance of new bitcoins.

Once bitcoin payments have been verified, they are then recorded in a public ledger that is known as a blockchain.

Bitcoin is a decentralised system, which means no one person controls bitcoin. That means that governments can not devalue your bitcoin by printing more, banks can not devalue your bitcoin by creating more, and no one can block your payments or freeze your account.

Bitcoin is a form of money that does not rely on government control. Throughout history, governments have been able to control their citizens through the governence of currency.

In the day when governments are gaining more control over their citizens, having true financial freedom will become of upmost importance.