Bitcoin Diamond (BCD)

Bitcoin diamond coinmarketcap

But wait. Has somebody ever said what is Bitcoin, officially? What noun would you use?

bitcoin diamond coinmarketcap

Digital asset? Decentralized money? Investment tool?

bitcoin diamond coinmarketcap

Does it matter, even? Well, if you want to stay around like a smart bitcoiner, it may matter a lot.

bitcoin diamond coinmarketcap

Because a name implies duties and rights. XRP could say that very well after being classified and sued as a security, eh?

So, what is Bitcoin, exactly? Where can we find that information?

bitcoin diamond coinmarketcap

Sadly or luckilythe answer is nowhere. Did you find just one?

Bitcoin Diamond (BCD)

Maybe two or three? We bet the answer is a great no. So, can they use the name like that? Only because they want to?

Ce este Bitcoin? Nu este doar una

The answer is a huge yes. Because of the MIT license and whatnot. Craig Wright. Source: craigwright.


Probably the last of it came from the Australian businessman Craig Wright in January. So, he threatened with legal actions against the BTC whitepaper hosters. This, supposedly, for copyright infringement, even when the cryptocurrency is still open-source and free software.

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As a result, it was quickly created a movement on Twitter under the hashtag BitcoinPdf for the users and companies to share the document on their own websites and networks. Thousands of them joined, and we also shared it pe Alfacash. Now, this can be proved unsuccessful, but what about the governments? They can say what is Bitcoin as they deem it more convenient for their interests, indeed.

And not every bitcoin diamond coinmarketcap or even state will have the same concept.

Coinmarketcap: Dominație Bitcoin de 70%

For Estonia, is an asset. So, what is Bitcoin heavily depends on who you ask.

bitcoin diamond coinmarketcap

What is Bitcoin? It was a direct fork from the first cryptocurrency which means the same transaction history bitcoin diamond coinmarketcap, it was supported by some powerful people and community and it brought some technical improvements as well.

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Why not? Our BTC is still the one, but not even because of that.

bitcoin diamond coinmarketcap

Elizabeth Stark put a nice example: imagine that a government or some powerful entity manages to seize and control BTC. A shared collective belief. Bitcoin is controlled by all Bitcoin users around the world.


In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly btc meerut a complete consensus among all users. In conclusion: Bitcoin BTC is, and will always be, what most users determine that is.