A Moron Explains Bitcoin- Part 1
There’s a chance that you may be like me- a moron. Well, let me back up…I’m a moron about certain things. When it comes to women, I’m a moron- my wife reminds me constantly when I buy her gifts like an air fryer or vacuum cleaner. I’m a moron when it comes to ice hockey and Magic the Gathering, and cooking, and plenty of other things.
When it comes to Bitcoin, I don’t feel I am a total moron. I may be such a moron that I think I’m not a moron, but this is a blog post and not Inception the article.
There’s a good chance that you have heard of Bitcoin and tried wrapping your head around it only to dismiss it as Magic Pixie Internet Money. “Is it made for spending? What backs its value? Is it going to go to zero like they keep saying? El Salvador is using it for legal tender and I don’t have much faith in El Salvador so I think I will pass.” These are all valid thoughts if you don’t have a complete understanding of Bitcoin.
This is my interpretation and like interpreting love, Bitcoin can be defined in different ways by different people. I like to think I’m a normal, college-educated person. And I’m less tech-savvy than an average 13-year-old. I’m not sure if that’s a humble brag or not? I’m gonna break this down into 2 parts to make it easier to consume.
