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Yan Pritzker: Inventing Bitcoin and Explaining Mining 101 Simply

Coin Stories

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Bitcoin's Solution to Trust Issues

This chapter explores how Bitcoin solves trust issues with government, banks, and privacy information through its anonymity, ability to mine your own Bitcoin, and peer-to-peer transactions. It emphasizes the advantages of a decentralized system like Bitcoin over those created by companies or groups of people, and discusses the importance of liquidity and confidence in long-term value in investment decisions.

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