What is Bitcoin really? Yeah people toss around terms like blockchain and cryptocurrencies but what does bitcoin really do for us?
To answer that question we would have to really take a look at the cryptocurrency itself and what it really is. Bitcoin was the first of the now busy crypto space in cryptocurrency. www.coinmarketcap.com shows that there are over 1365 different coin on the market today yet Bitcoin is still ahead. Other coins on the market are far superior in tech to bitcoin but fail to understand US economy and the people behind it. This is a really new and very fast ride so we need to slow it down for the masses.
Bitcoin is also the fuel that all the other crypcoins run on. Many exchanges only trade in USD and bitcoins which makes bitcoin more important in that the new coins require bitcoin to be healthy for them to survive at the moment.
As Americans our lives today are very fast. In the blink of an eye a year goes by and our markers tend to be shows like GOT, sports seasons or even seasonal holidays. Bitcoin will bring a little of our lives to the world in a way that will help them to learn how to fish for whales.
The blockchain tech will take mankind to the next level of existence and when we start doing more blockchains running on top of blockchains we will get to an even higher level of life on earth. The world is really changing.
In all what is Bitcoin, well think of a nurse and a syringe. When she pulls a little bit of your blood to mix it with the meds in the line, that space where the mixture happens is Bitcoin. The line is the blockchain and meds the data that will travel on it. Bitcoin paints a big bullseye on its own back and dares the world to take a shot, and they have trust me. No one has hit it yet and the target is moving slower and the size of the bullseye is getting bigger… yet still on hits.
We are living in a really great time in life, we are going to see more good done than all the good done in time prior. Just understanding bitcoin will give you more information on all the other coins than if you were to take classes in each.
Bitcoin has and will change more than what we see or feel, it will change the act of change itself.
Mark Bailey
