In this spontaneous video, I want to make clear that the key part is that bitcoin is not based on debt. It is an entirely new logic behind re-defining our financial structure. Bitcoin is like an open accounting system that is visible to everyone, based on mathematic secure algorithms and cryptographic secure. Current system: Imagine you’re broke and lend 100$ from one friend. You spend that money, it’s gone. Then you lend another 100$ from another friend and so on. At one point, your friends will ask their money back. But you don’t have it, because you took debt and spent it. It was never even your money. The current banking system even goes one step further because the money that is being lend, is actually not existing. It is literally created out of thin air. Printed by the central b
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