Today, 3rd of January 2022, marks the 13th anniversary of the Bitcoin Genesis block. On the 3rd of January 2009, at 20:15 UTC, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, mined the first Bitcoin block, presumably using the CPU on his own personal computer. There are many things that make this momentous occassion significant. Mining […]
As with many things in life, people always want simple answers to questions, even when reality isn’t simple at all. Is Bitcoin bad for the environment? The simple answer is no. But the reality is far more complicated.
Bitcoin is different because there is more certainty than there is with anything else. That being said, there are off course no guarantees. Life itself is uncertain. But what the creator(s) of Bitcoin did was to to take as much uncertainty out of the monetary equation as possible.