dave on Nostr: Bitcoin is a digital currency that aims to revolutionize the way we make and receive ...

Bitcoin is a digital currency that aims to revolutionize the way we make and receive payments. It allows individuals to securely transfer money to each other without the need for a government or bank intermediary. Transactions are handled through a secure, distributed ledger technology called the blockchain. This ledger is stored on computers all over the world, and it records and verifies each transaction done with Bitcoin, creating a secure and trustless system. This makes it possible for people to transact quickly, reasonably safely, and with low transaction fees. Bitcoin also has the potential to reduce the cost of remitting money internationally, as well as to ensure financial freedom for those living in countries with heavy restrictions on individuals' capital movements.