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Bitcoin and the ultimate fight for freedom - cover

Bitcoin and the ultimate fight for freedom

Roberto de Filippo

Publisher: Youcanprint

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Summary

As the great financial crisis of 2008 and 2009 ravished the world leaving the perpetrators bailed out by private equity, an obscure personage called Satoshi Nakamoto released Bitcoin; It was January 3rd 2009 and the genesis block read: "Chancellor on brink of second bailout for banks".

What on the surface seems a simple e-cash system, is in reality a masterpiece of cryptography that allowed the creation of digital scarce value, or digital gold, which can be exchanged peer-to-peer avoiding the infamous double-spending criticality by using mathematics to guarantee trust without the need of a third party.

Bitcoin is a blockchain monetary technology, completely decentralized, incorruptible, censorship-resistant and unconfiscatable which, through a system of public and private addresses guarantees both privacy and transparency.

Bitcoin, is in net contrast with the FIAT monetary system, or money created as debt and by decree, which is the most powerful source of inequalities, exploitation, corruption and wars.

In the post Covid-19 era, characterized by an ever-growing financial surveillance, restrictions of movement and opinion, Bitcoin has become the literal banner for freedom for both private citizens and nation states.

With this book, I will take you through my life's journey; from my early mining days in 2009, to using Bitcoin as a speculative means to make more money, and finally to the understanding that Bitcoin itself is hard-sound money and the best defender of freedom.
Available since: 03/14/2023.

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