Bitcoin (BTC) is not only the first cryptocurrency but also a technological and economic experiment that has changed the way we perceive money. One of the most interesting things about BTC is the so-called halving – an event that occurs approximately every four years. During this event, the reward for miners for mining a new block is halved. This causes a decreasing supply of new bitcoins, simulating the concept of scarcity, similar to precious metals.
Moreover, no other financial system has been as resistant to censorship. For example, in 2020, people in Nigeria and Venezuela used Bitcoin to circumvent government restrictions and hyperinflation.
It is also interesting that a key inspiration for Bitcoin was the lack of trust in the traditional banking system during the financial crisis of 2008. Satoshi Nakamoto, the creator of Bitcoin, even encoded a reference to this crisis in the first block of the blockchain.