It’s been 10+ years, but Bitcoin’s still going strong. For some – the cryptocurrency is a novel transaction method either in a sanctioned market or otherwise. To others, it’s money in its most quintessential form: an asset more scarce and more easily transmitted than gold, whilst more divisible, portable, durable & functional than any fiat currency we’ve ever had.
We’re up a gear and coasting with big movers emerging from the shadows and all roads fleeing fiat. With everything from literal explosions to decentralised finance proving how centralised it is, this past month has been anything but eventful. It also doesn’t hurt that we got to taste some lofty heights, even if it was but for a brief moment.
Few things are staying consistent at the moment, but Bitcoin appears to be one of them. Naysayers also turned face and Lebanon fled to property assets amongst other events. There’s a lot going on outside it would seem.
We’ve put together a list of the most frequently used Bitcoin terms you need to know about. With this handy glossary on hand, these words will soon feel like second nature and you’ll be understanding & using Bitcoin like a pro.