Post
Topic
Board Economics
Re: The phrase to describe Bitcoin
by
jekjekman
on 06/09/2017, 10:49:32 UTC
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

The phrase you said can be determine with the word 'decentralize' as any other altcoins also claiming of. Bitcoin nowadays is not free anymore at all because of this high fee in transactions that sending a micro payments is regretful.

But let's hope that the scaling of bitcoin will help this transaction fees to go low again so that almost free transaction fee is achievable again and people will use micro payments again.