The owner of each address can spend their bitcoins – but be careful!
Bitcoin offers several important benefits to users including privacy, security, immutability, and global acceptance.
Bitcoin is private: Transactions are confirmed anonymously between users through complex cryptographic signatures ensuring that only the owner of each address can spend their bitcoins.
Bitcoin is secure: The protocol has never been hacked in almost 10 years since its inception despite intense scrutiny from both experts and malicious actors alike.
Bitcoin is immutable: Transactions are recorded on a distributed public ledger called the blockchain which is tamper-proof and cannot be altered or deleted.