5 Revelations About Bitcoin And What You Should Do Right Now, Number 5 Is A Must.

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4Bitcoin is not printed but mined


Paper money is printed centrally. So the government can control the amount in circulation, and money can be made out of thin air.

On the other hand, bitcoin is mined. Yeah… you digitally use hoes,shovels and axe to “dig” it from the “ground”. Each time a transaction is carried out, miners make a tiny fraction of the transaction amount as a reward. And minning can be done by anybody anywhere, provided the hardware is available.

So you see, it is a system by the people and for the people. Suppose everybody has the right to print the dollar or any national currency, imagine what would happen. Everybody would be in currency business.