The Elegance of Bitcoin Explained.


#bitcoin bitcoin #btc #blockchain The Elegance of the Bitcoin protocol is the Bitcoin mining. It’s an open permission-less industry that anybody can join and every two weeks the difficulty of mining increases or decreases based upon the market Dynamic. I think of Bitcoin miners are the line of first offense for Bitcoin. When things go badly when poor decisions are made or when acts of God take place or acts of government or nation states the miners suffer so that the Bitcoin holders don’t!

@Bitcoin Magazine
@MicroStrategy

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