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About Bitcoin Podcast

About Bitcoin Podcast

Bitcoin Doesn't Exist!

· 12 min. · Sæson 1 Episode 2

Episodebeskrivelse

Is Bitcoin even real? In this mind-bending episode, we tackle one of the most fascinating truths about Bitcoin — it doesn’t exist. Not in the way most people think, at least. Unlike cash in your wallet or gold in a vault, Bitcoin is entirely virtual, but even then, what exists instead is the blockchain, a decentralized ledger that records balances and transactions. But here’s the twist: no coins ever move. Instead, cryptographic keys unlock the ability to assign your funds to others, assigning balances from one public key to another. Confused? Hopefully by the end of this episode, it will be…

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