The Idea of Bitcoin
10 posts
- 1
- 2Beginner
Bitcoin Started With a Nine-Page Paper
On October 31, 2008, a paper just 9 pages long changed the history of money. A start-to-finish reading of 'Bitcoin: A Peer-to-Peer Electronic Cash System' - what it solved, and how its core sections fit each piece together.
- 3Beginner
Walking Away From a Million Bitcoin
We don't know who created Bitcoin. And they chose to vanish. This is not a gap in the story but the core of Bitcoin's design - the credible neutrality created by a fair launch and the absence of a founder.
- 4Beginner
Double Spending Problem
The fundamental challenge of digital money - how Bitcoin prevents the same coins from being spent twice without a trusted third party.
- 5Intermediate
Byzantine Generals Problem
The classic distributed computing problem that Bitcoin elegantly solves through proof of work, enabling trustless consensus.
- 6Beginner
21 Million Bitcoin, and Not One More
Bitcoin will never exceed 21 million coins. Where the number comes from, who enforces it, and whether it can really be changed - the nature of the first absolute scarcity in human history.
- 7Beginner
Satoshi (sat) - The Smallest Unit of Bitcoin
Satoshi (sat) is the smallest unit of bitcoin, where 1 BTC = 100 million satoshis (100,000,000 sats).
- 8Intermediate
A Bank Can Freeze Your Account. Bitcoin Can't.
No one can block your transaction, and no one can take your assets without your key. The deepest reason Bitcoin truly matters - what censorship resistance is and how it works.
- 9Intermediate
What Bitcoin Fixes
Bitcoin is not just an investment asset. It is a fundamental alternative to the structural problems created by the fiat currency system.
- 10Intermediate
What Is Bitcoin Dominance and Why It Matters
A short definition of Bitcoin dominance: the formula, what rising and falling dominance signal, and why it remains the most watched indicator in crypto markets.