WHAT IS

"Writing a description for this thing for general audiences is bloody hard. There's nothing to relate it to."

~ Satoshi Nakamoto 2010-07-05

Total circulation will be 21,000,000 coins. It'll be distributed to network nodes (miners) when they make blocks, with the amount cut in half every 4 years. first 4 years: 10,500,000 coins next 4 years: 5,250,000 coins next 4 years: 2,625,000 coins next 4 years: 1,312,500 coins etc... When that runs out, the system can support transaction fees if needed. It's based on open market competition, and there will probably always be nodes willing to process transactions for free.

~ Satoshi Nakamoto 2009-01-09

Bitcoin is freedom money… in the sense that it has the potential to free us all from the overarching manipulation by, and control of, the central banking system.

In bitcoin, the monetary rules are the same for EVERYONE, EVERYWHERE.

Bitcoin is inclusive , in the sense that anyone with an internet connection can participate in the network, and has to play by the same rules.