As we are in another Bitcoin bull market, many new people will be considering investing, but understanding what Bitcoin is and why it is important isn’t straightforward.
Bitcoin is multifaceted, and the use cases can vary dramatically depending on where you live in the world and your circumstances.
There is no standard narrative or way of explaining Bitcoin; for example, it is a medium of exchange, a way to bypass government and as an inflation hedge. Others are investing in Bitcoin to speculate against the net benefit of all use cases.
To help answer some of the most common questions and lay to bed some of the common misconceptions, I talk to software engineer and author, Vijay Boyapati for the ultimate Bitcoin 101.