RE: Musing Posts
As a consultant, people are often faced with questions, let's get rid of all the digital concepts in Bitcoin. Bitcoin is something real like gold, for example, and imagine now you are holding a piece of gold in your hand. So far, no individual or company can create crypto. To get crypto, we have to mine it first or buy it. Bitcoin is spread all over the world, valid and can be traded in any country, even though it is not created by one real person. Bitcoin is available in unlimited quantities, and this is what causes the price to increase over time.
Digital money or not visible, now imagine you have transformed the gold into something virtual and stored on your computer or smartphone. Bitcoin has all the important aspects it has, but its shape is like a pulse. Amazing.