Crypto with Lorenzo
1 min readMar 19, 2023

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Most people cannot be bothered learning about these aspects of Bitcoin (BTC):

- No government, corporation, organisation, etc. controls it. This is why most of these entities hate it (expect for El Salvador and the Central African Republic);

- The hard cap (21M max BTC supply;

- Hash rate and how it keeps Bitcoin's blockchain secure;

- Inflation rate that halves every 3-4 years;

- Bitcoin is not private, as it is a transactions are readily visible on its public blockchain. This has its pros and cons;

- Illicit activity accounts for less than 0.25% of total crypto transaction volume (Chainalysis data).

https://blog.chainalysis.com/reports/2023-crypto-crime-report-introduction/

In the meantime, those of us who understand its benefits continue to accumulate it with their extra savings and realise its potential that goes well beyond the features listed above.

Thank you Pavle for writing this article and sharing your insights with us. Keep up the good work.

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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