Worried About Regulations’ Impact on Bitcoin? You May Not Really Understand What Bitcoin Is.

The current authoritarian excesses of Western governments will help bring to light what Bitcoin really is.

Bitcoin is a leaderless P2P payment system. As such, no one can claim to control Bitcoin. Bitcoin is decentralized, permissionless, and trustless. Anyone can become a node on the Bitcoin network if they want to. This is a great strength of Bitcoin that many people have difficulty perceiving.

Indeed, the majority of people who buy Bitcoin focus mainly on …