Bitcoin is the best open source monetary protocol on the planet that strikes an elegant balance between liberty, security, privacy, and transparency. It is controlled by nobody and everybody at the same time.

Bitcoin is a completely new board game. It’s a new accounting system. It is the most sound form of money ever invented and incentivizes authenticity, honesty, and good faith behavior at its most basic layer.

Of course, humans can and will try to abuse and cheat the system, but Bitcoin has a way of snuffing out bad behavior pretty efficiently.

People believe this about Bitcoin. That is why it is valued so highly..... the USD price is just a symptom of that belief.

submitted by /u/the420chronicler
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