Bitcoin what nean
by saggara o. saga
<p><span style="font-weight: 400;">The correct answer is </span><b>The first decentralized digital currency</b><span style="font-weight: 400;">, but thats quite a mouthful. So before we begin to under
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The correct answer is The first decentralized digital currency, but thats quite a mouthful. So before we begin to understand this, lets start with a more basic question that most people usually dont ask themselves: what is money?Money, ultimately, is simply the tool that we use to exchange value. Throughout history weve used lots of things as money, from seashells, to precious metals, to salt The most popular money, historically, has been gold. Theres good reason for this: gold works really well as money. Its rare so its not worthless, and its tangible so if youre holding it in your hand its probably yours. Pretty simple. And this worked for thousands of years, no matter what social institutions exist around you, no matter who the king or government is at that particular time. Gold just worked.
From What is Bitcoin? A Simple (but thorough) Explanation
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