Bitcoin explained and made simple
1. Which problem is the digital currency expected to solve?
2. What does the current system of payment rest upon?
3. What is required as payments start to build up?
4. How can a customer prove that they’ve paid to anything? What is the name of this conundrum?
5. How did Nakomoto propose to solve the problem of recording transactions?
6. Who controls the flow of money in this newly invented system? Who imposes a fee on payments?
7. What are the virtuous outcomes of the implementation of the cryptocurrency?
8. Which opportunities does it offer?
9. What is the reverse side of the Bitcoin?
10. Why is there so much uncertainty about the future of bitcoin?
11. What do the both parties agree upon?
