Bitcoin Marketcap
$1.15T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.15T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
13 Jan 2019 | | Price when published: $3,614 (ROI since: +1,585%)
Bitcoin’s fault-tolerant architecture was designed to survive extreme duress, and its multi-variate decentralization was created (or more accurately: emerged) to promote this. However, censorship resistance — the ability to broadcast information without restriction — does not fully cover the guarantees that Bitcoin provides to users, although it is perhaps the most significant.
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Bitcoin can be understood as an independent institution which provides users property rights which are untethered from the state or the legal system. As virtually all property rights trace back to the state, the legal system, or some local monopoly on violence, Bitcoin’s cryptography-based property rights are a genuinely new paradigm.
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