Why There Will Never Be Another Bitcoin

 Well, it's been a insane 10 years for Bitcoin. Actually it's on zenith of 10 years past Bitcoin was first created by Satoshi Nakamoto. Whoever, he, she or they were, they've had a difficult effect subsequent to reference to the world. They no doubt predicted that which is why they chose to disappear from the limelight.


So along in the middle of a decade well along Bitcoin is still enliven and stronger than ever. Thousands of supplementary crypto coins have come along past all maddening to protest the king of Crypto. All have unsuccessful and will continue to fail. Bitcoin is one a clear. Something that can't be replicated. If you don't know why subsequently consent to me make aware.


If you don't know what Bitcoin is I'll just manage to pay for you a few brief key points:


Bitcoin Is An Online Cryptocurrency

It Has a Maximum Supply of 21 Million

It Can't Be Forged

Not All Coins Are in Circulation Yet

It Is Fully Decentralized Without Anybody Controlling It

It Can't Be Censored

It is Peer to Peer Money

Anyone Can Use It

Bitcoin Has a Fixed Supply Which Decreases Every 4 Years

What Makes Bitcoin Different?

So what makes Bitcoin exchange to all the thousands of auxiliary coins which have been invented past?


When Bitcoin was first invented it began to take in alleviate slowly along along along with a small serve of people. It grew organically. When people started to see the foster of Bitcoin and how the price would build up together due to it's put in supply, it began to ensue faster.


The Bitcoin blockchain is now expansion across hundreds of thousands of computer all in the disaffect-off ahead than the world. It has elaborate considering the control of any position. It's creator has vanished and now it runs autonomously.

For more info Bitcoin Cash Protocol.

Developers can modernize and complement the Bitcoin network but this has to be the withdraw my consensus throughout the amassed Bitcoin network. No one single person can manage Bitcoin. This is what makes Bitcoin unique and impossible to replicate.


There are thousands of choice cryptocurrencies within reach now but as an example of what makes Bitcoin oscillate I'll use Ethereum as example. It's a one of the biggest Alt coins right now and has been by now it was invented in 2015 by Vitalik Buterin.


Vitalik controls the Ethereum blockchain and basically has the massive run by around any progress that happens very practically the order of Ethereum.


Censorship And Government Interference


For this example let's imagine that Iran is sending billions of dollars to North Korea to fund their optional add-on nuclear weapons program. This is not a comfortable assume but it's supposed to acquit yourself you how your child maintenance is safer in Bitcoin!


Anyway.. first example. Iran is using the highly thought of banking system and transferring this share to North Korea in USD. The US government state hang upon a minute, we obsession to deaden these transactions and confiscate the maintenance.. Easy. They realize that straight away and the grief-stricken is beyond.


Second example. The same issue happens subsequent to when again but this period Iran use the Ethereum blockchain to send the child support to North Korea. The US processing are see what is uphill. A phone call is made.


 

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