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The Foundations of Bitcoin: Decentralization and Identity
This chapter explores the unique characteristics that set Bitcoin apart from other cryptocurrencies, emphasizing its decentralized nature and resilience throughout historical events like the block size wars. It delves into the mysterious identity of its creator, Satoshi Nakamoto, and discusses the implications of this anonymity on Bitcoin's integrity and community ownership. Additionally, the chapter contrasts Bitcoin with central bank digital currencies (CBDCs), advocating for personal liberty and the significance of self-custody in the realm of digital currencies.