The internet is much like the printing press because anyone can circumvent the traditional media.
Bitcoin is a sophisticated accounting system that enables people to bypass the fiat currency system.
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Bitcoin offers its users many advantages over fiat money and the traditional banking system (see: Why Buy Bitcoin? ). But that doesn’t mean that there aren’t also parts of the legacy banking system which you might miss when you make the switch...
Some of the reasons:
On January 3rd, 2009, a few months after the publication of the original whitepaper, the first lines of code were committed to the bitcoin blockchain by Satoshi Nakamoto. But Nakamoto vanished. No one has discovered who Satoshi was or is, though many have tried.
The initial idea of bitcoin...
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