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Well, it's been a loopy 10 years for Bitcoin. Actually it's over 10 years since Bitcoin was first created by Satoshi Nakamoto. Whoever, he, she or they had been, they've had a profound impact on the world. They little doubt predicted that which is why they selected to disappear from the limelight.  
  
So over a decade later Bitcoin is still alive and stronger than ever. 1000's of other crypto coins have come alongside since all attempting to imitate the king of Crypto. All have failed and will proceed to fail. Bitcoin is one a kind. Something that can't be replicated. In case you don't know why then let me explain.  
  
Should you do not know what Bitcoin is I will just offer you a couple of brief key points:  
  
Bitcoin Is An Online Cryptocurrency  
It Has a Maximum Supply of 21 Million  
It Cannot Be Solid  
Not All Cash Are in Circulation But  
It Is Absolutely Decentralized Without Anybody Controlling It  
It Cannot Be Censored  
It's Peer to Peer Cash  
Anybody Can Use It  
Bitcoin Has a Fixed Supply Which Decreases Each 4 Years  
What Makes Bitcoin Different?  
So what makes Bitcoin totally different to all of the thousands of other coins which have been invented since?  
  
When Bitcoin was first invented it began to spread slowly amongst a small group of people. It grew organically. When folks started to see the benefits of Bitcoin and how the worth would enhance because of it's fixed provide, it began to grow faster.  
  
The Bitcoin blockchain is now spread throughout hundreds of 1000's of pc all around the world. It has spread past the management of any government. It's creator has vanished and now it runs autonomously.  
  
Developers can upgrade and improve the Bitcoin network but this needs to be achieved my consensus all through the entire Bitcoin network. Nobody single individual can control Bitcoin. This is what makes Bitcoin unique and unimaginable to replicate.  
  
There are millions of different cryptocurrencies available now but for instance of what makes Bitcoin different I am going to use Ethereum as example. It is a one of the biggest Alt coins proper now and has been since it was invented in 2015 by Vitalik Buterin.  
  
Vitalik controls the Ethereum blockchain and basically has the final say on any development that occurs on Ethereum.  
  
Censorship And Authorities Interference  
  
For this example let's imagine that Iran is sending billions of dollars to North Korea to fund their new nuclear weapons program. This isn't a superb situation but it's supposed to show you how your money is safer in Bitcoin!  
  
Anyway.. first example. Iran is using the usual banking system and transferring this money to North Korea in USD. The US authorities say hang on a minute, we have to freeze these transactions and confiscate the money.. Easy. They try this straight away and the problem is over.  
  
Second example. The identical thing occurs again but this time Iran use the Ethereum blockchain to ship the money to North Korea. The US authorities are see what's happening. A phone call is made.  
  
"Get Vitalik Buterin in Here NOW"  
  
The US government "puts some pressure" on Vitalik and so they make him roll back the blockchain and cancel Iran's transactions. (The Ethereum blockchain has actually been rolled back earlier than when a hacker stole a significant amount of funds).  
  
Problem solved. Unfortunately Ethererum's credibility could be ruined along with it's price.  
  
Ethereum is just an example, however it's true for each different cryptocurrency.  
  
Bitcoin Can't Be Stopped  
  
So the same thing happens again. This time Iran use Bitcoin as their payment method. The US Authorities see this and are powerless to stop it.  
  
There is no such thing as abody to call. There is no such thing as abody to put pressure on. The Bitcoin is beyond censorship.  
  
Each other cryptocurrency out there has been created by somebody or some firm and that will always be the purpose of failure. They are still centralized.  
  
One other instance could be if Vitalik's household were taken hostage.. Bitcoin is past any of this and that is why it's the safest investment on the planet.  
  
Be taught How you can Use Bitcoin  
  
Everybody ought to own some Bitcoin. It isn't without it's dangerous though. In case you're new to Bitcoin then it's best to learn as a lot a lot as you may before you invest any money. Owning Bitcoin comes with a whole lot of responsabilty. Discover ways to use Bitcoin safely.  
  
For folks just coming into the world of cryptocurrencies there are lots of hidden dangers. Do not part with your hard earned money until you know what you are doing!  
  
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