What Backs Bitcoin: Scarcity, Security, Network, Utility
Examines bitcoin’s backing: limited supply, robust cryptographic security, network effects and practical utility-how scarcity, protection, adoption and use create value.
Understanding Bitcoin: A Decentralized Digital Currency
bitcoin is a decentralized digital currency operating on a distributed ledger (blockchain). It enables peer-to-peer transactions without intermediaries, secured by cryptography and consensus mechanisms.