How Bitcoin Is Different

7 min readinteractiveIncludes quiz · 2 questions

Imagine if email for money existed - that's Bitcoin. No bank in the middle, works 24/7, anyone can verify it's real. Like Wikipedia vs Encyclopedia Britannica: one is controlled by a company, the other is open and verifiable by everyone.

Simple differences:

  • •Fixed supply: Max 21,000,000.
  • •Open network: No permission needed.
  • •Public ledger: Anyone can verify transactions.
  • •Portable and divisible: Send worldwide; tiny sats.
  • •Neutral rules: Math and code, not committees.
Open Monetary Network
Open Monetary Network

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This lesson includes a 2-question quiz (passing score: 80%).

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