"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution"
A digital cash system that works without any third party. Therefore, partly anonymous that represents the privacy of physical cash. It is backed by math and code, which are being audited roughly every 10 minutes for avoid any misbehaviour.
Decentralized permissionless ledger for recording the exchange of an asset with a fixed quantity.
Immutable verifiable pseudonymous and divisible too!
I'm not sure about "fixed" maybe "maximum"?
Finite might be better
I think some of these can be assumed from the rest of words in part:
Honest private money with 2,100,000,000,000,000 satoshis for all the world to share. Secured by math and energy. Beacon of hope.
The "secured by math and energy" part was missing from my description. I like that you included that.
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution"
You get extra sats for quoting the white paper.
There is no better way to describe bitcoin than the original description :)
Code.
Succinct, but if I say that to someone who doesn't know anything about bitcoin, what happens?
They probably say, "What?" And then I say, "It's knowable rules implemented by a computer." Or something like this.
I like the spirit of it, but question the usefulness.
Digital currency, decentralized, blockchain-based, secure, anonymous, independent of central authorities.
Obama did it the best… Swiss bank in your pocket !!
A digital cash system that works without any third party. Therefore, partly anonymous that represents the privacy of physical cash. It is backed by math and code, which are being audited roughly every 10 minutes for avoid any misbehaviour.
I’ll go for a mix of Cathie Wood and Jason Williams…
“Bitcoin is the first open-source, global private digital rules-based monetary system. Hard money you can’t fuck with.”
Freedom money
I often use freedom money. It's a good one.
Frees me from the chains of fiat n empowers me to be in control!
Bitcoin is democratic form form of money.
Digital divisible gold but with fixed supply that will lead to prosperity because it enables deflation
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