ADSactly on ADSACTLY - Part #12
ADSactly on ADSACTLY - Part #12
An unknown person or group of people under the name Satoshi Nakamoto created the first "decentralized peer-to-peer blockchain" and released it as open-source software in 2009. Even today we are still unsure who is the real inventor of Bitcoin (BTC). The main features and advantages of this system were recognized early on only by a lucky few who are very well-off individuals today. ADSactly founders are among those who decided to trust their vision when the price of one Bitcoin was less than a piece of pizza. Subsequently, the entire society based its finances and investment strategies around Bitcoin and other crypto-currencies.
Why is Bitcoin important?
BTC carries significant social importance because it is not controlled by any government, any corporation or any religious movement. It is a true independent asset, fully based on the concept of a free market. Did you ever think that something so big can ever exist in our time? Welcome to what you thought was the future.
The source is here.
The speed of transactions, low fees, third party interactions, transparency and anonymity are the main elements of this crypto monetary system. Transparency and anonymity, as we know, seldom go together but Bitcoin managed to unite these seemingly opposing concepts and create a revolutionary leap forward.
The source is here.
The system proved to be a total success. It started the revolutionary crypto movement which gave many people hope and prosperity for them, their families and the world as a whole. Although there are many, technically more advanced, blockchain based monetary systems in use today, Bitcoin is still on the rise. Its value just surpassed the 7000USD mark.
Aren't we all lucky to be here in this day and age?
Please, read this series from the beginning if you are interested in joining ADSactly. Have all of your questions answered in advance.
ADSactly on ADSACTLY Part #1
ADSactly on ADSACTLY Part #2
ADSactly on ADSACTLY Part #3
ADSactly on ADSACTLY Part #4
ADSactly on ADSACTLY Part #5
ADSactly on ADSACTLY Part #6
ADSactly on ADSACTLY Part #7
ADSactly on ADSACTLY Part #8
ADSactly on ADSACTLY Part #9
ADSactly on ADSACTLY Part #10
ADSactly on ADSACTLY Part #11
Every honest individual with good intentions is invited to join and offer skills, knowledge, energy, time or resources for various ongoing projects within ADSactly society. The channel is here: ADSactly and you are welcome.
I do not believe Bitcoin is the future of currency. I believe that block chain is the future.
Wow! It is very coincidental that Adsactly is covering this very subject! I posted a deep dive on this Satoshi Nakamoto just 5 days ago! I really put a lot of work in researching the subject to best chronicle Satoshi Nakamoto's work, which took me a 40 hours to go through!
I have to say, by the end of it, my respect and appreciation of his work was more than ever before. I really did my very best to tell his story.
If anybody is interested in giving it a read, you can find it here :
I really love what Adsactly is about and have been following this series since the beginning and engaging with you guys, keep it coming!
God Speed Brethren.
BTC still needs to prove its reliability specially regarding transaction fees. For now, it doesn't do extremely well as expected.
Other coins, way less in the light of the show, have better fees, sometime nearly zero with fastest block times and better scalability.
But still, BTC is the king, as Apple and Facebook. It represents the brand, the window of our crypto world to the mass.
very pretty, my friend
Thank you for describing a bit more about this complicated system, @adsactly!
very pretty, my friend
BCH is the real bitcoin. People are starting the switch now. BTC will be stopping in 7 months.
i think that
BCH right now is having an uptrend in the market just because November 13th BCH is having a fork, after that we will see if the market continue that fluctuation.
Are u sure ?
This post was very informative thank you for sharing
you have my upvote plus a resteem
@mannyfig1956
good post
very pretty, my friend
Bitcoin is the biggest coin in the actual market so nobody is going to take that away from.
BTC just need to continuously keep evolving and adapting to new things, structure, characteristics, privacy, anonymity, etc.
With all the coins that are out there ppl are demanding more upgrades and that is not easy, it takes time!
Very good @adsactly
I think btc was created by a drug lord trying to find an easy way to get paid while being hard to trace