Simply put: Fixed Supply – 21 million cap, enforced by consensus and code Decentralization – No central issuer or single point of failure Immutability – Transactions are irreversible and final Portability – Send value anywhere in the world in minutes Divisibility – Can be split into 100 million sats per bitcoin Durability – Digital and incorruptible; not subject to physical decay Verifiability – Anyone can audit the supply and transaction history Censorship Resistance – No one can block or reverse your payment Neutrality – Rules apply equally to everyone, everywhere Security – Backed by the most secure computing network in the world

Even Gandalf, if he puts on the ring, is going to get corrupted by it. The power to create money is the one ring and with bitcoin we're taking that ring off and we're removing a burden that the state doesn't even want. It thinks it wants it, but it doesn't actually want it. And by taking off the ring the state can become good again because it doesn't have this overwhelming corrupting temptation to print money into existence. - Jesse Posner

And now a quick look at the financial markets…

“The dawn of this day heralded the dawning of a new age. It’s a time of exhilaration, reflection, hope, fulfillment – as a centuries’ old dream starts toward reality.” - Walter Cronkite

At first, bitcoin seems complicated.

One voice challenged the system…

WELCOME! …to Mendocino.

Opt out with bitcoin.