1 definition by Lou Skywalker

Bitcoin is virtual currency created in 2008 by an anonymous person or persons known as Satoshi Nakamoto and is slated to replace the Dollar as the global reserve currency due to its decentralized nature, and limited supply.

No bank can freeze your Bitcoin. No government can seize your Bitcoin. No thief can steal your Bitcoin. You control your private keys, and no one can take your Bitcoin away from you.

Billionaires like Elon Musk have invested in Bitcoin as a store of value that will preserve their wealth. The motto in Bitcoin is HODL, invest, and "hold on for dear life". Never sell, ever.

There will never be more than 21 million Bitcoins circulating in the world, by design. The Federal Reserve (neither federal, nor a reserve) prints money endlessly, then loans it out for interest making them and all of their big banker friends rich in the process. Bitcoin slowly decreases in supply until all 21 million bitcoins have been minted.

Bitcoin sticks it to the man.

Bitcoin is the Internet of money.

Bitcoin is Gold 2.0.

Bitcoin started at $0 per Bitcoin in 2008. Bitcoin hit an all time high on November 8, 2021 when one Bitcoin was worth $67,567.

Bitcoin value is estimated (by some) to reach $1 million dollars per Bitcoin, one day.

Bitcoin has created a new generation of millionaires and billionaires.

Bitcoin is like the invention of the wheel, or the Internet.

Bitcoin can make you rich, or not.

Acquire at least 1 Bitcoin, and your great great grandkids will thank you.
Yo, you heard about that new money, Bitcoin? I be hearin' rappers drop that shit on they tracks, so you know it's legit.

I bought Bitcoin back in 2017, and in 2022 I cashed some in to buy my house, paid in full, in Bitcoin. #thanksbitcoin
by Lou Skywalker September 20, 2022
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