Mysterious Satoshi Nakamoto Nobody knows who Satoshi Nakamoto is. But he, she or a collective had a vision for a new currency in the response to the 2008 crisis. When Satoshi Nakamoto, the mysterious person or group behind the invention of bitcoin, created its first 50 coins (the so-called "genesis block"), he embedded the date and the story's headline—"Chancellor on Brink of Second Bailout for Banks"—into the data as a symbolic digital battle cry.

What is Bitcoin Bitcoin is a fundamentally new method of storing and transferring value in cyberspace. In contrast to conventional financial networks, Bitcoin functions without any central authorities or trusted third parties. It enables people to transfer value around the clock and provides them with full control over their coins. Properly stored (in Self-Custody), no government can seize or devalue your Bitcoin.

21 million is the magic number In addition, there is only a limited number of Bitcoin, which means that it retains its value, similar to gold, for example. Gold is scarce, but Bitcoin is finite.

You can buy a fraction of Bitcoin Over the past 10 years, the price of a Bitcoin has risen sharply. However, you don't have to buy a whole bitcoin, because 1 Bitcoin can be divided into 100,000,000 sats. So you can also easily buy Bitcoin for just €50, for example. Bitcoin is therefore perfectly divisible.

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