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First Stop Bitcoin

A simple guide to understanding, using, and managing Bitcoin as a student or young adult.

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 Welcome to First Stop Bitcoin

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We believe that Bitcoin is winning and will continue to win in the future. This platform was created so that students, young people, or anyone new to Bitcoin can master the essentials: buying, spending, saving, and protecting your Bitcoin. This website is not trying to sell you anything and is not selling your information --none of that shady business. This platform is purely meant to educate the Bitcoin generation on how to navigate the shift away from fiat currency and towards financial sovereignty.

What is Bitcoin?

Our Definition ~

Bitcoin is a digital payment system controlled by code (not banks or governments) that allows anyone to send any amount of money to anyone else in the world instantly and cheaply.

 

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The Creator ~

Satoshi Nakamoto developed Bitcoin following the 2008 global financial crisis. Satoshi created Bitcoin under the premise that no central figure controls it. His identity remains unknown to this day.

Key Aspects:

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Digital Cash: Send money online. No bank needed. No middleman.

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 No Boss: Bitcoin is completely decentralized. No single person, company, or government controls it. 

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Limited Supply: Only 21 million Bitcoin will ever exist. This creates scarcity and endless demand, unlike dollars.

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Transparent: All bitcoin transactions are public information, but your identity remains hidden. This ensures transparency as well as privacy. 

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Global & Fast: Bitcoin can be sent and received anytime, any day, to any place in the world practically instantly.

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Divisible: You can buy tiny fractions of Bitcoin, making it usable as the price of Bitcoin goes higher. (1 Bitcoin = 100,000,000 satoshis)

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"Bitcoin is designed to be a way to transfer money over the internet without requiring a trusted third party to prevent double-spending."

 

- Satoshi Nakamoto, Creator of Bitcoin

"Bitcoin is a swarm of cyberhornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy."

 

- Michael Saylor, CEO of Strategy

“Bitcoin is a form of digital gold, and the way it is designed ensures that it will hold its value over time.”

 

- Hal Finney, Early Bitcoin Developer

“Bitcoin is the only scarce object in the universe that can be transmitted at the speed of light.”

 

- Pierre Rochard, Bitcoin Developer 

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