Josh

“Six and a half billion people on this planet have no connection to the world of money. They operate in cash-based societies with very little access to international resources. ​ ​They don’t need banks.”
― Andreas M. Antonopoulos, The Internet of Money

“Bitcoin represents a fundamental transformation of money. An invention that changes the oldest technology we have in civilization. That changes it radically and disruptively by changing the fundamental architecture into one where every participant is equal. Where transaction has no state or context other than obeying the consensus rules of the network that no one controls. Where your money is yours. You control it absolutely through the application of digital signatures, and no one can censor it, no one can seize it, no one can freeze it. No one can tell you what to do or what not to do with your money. It is a system of money that is simultaneously, absolutely transnational and borderless. We’ve never had a system of money like that.”
― Andreas M. Antonopoulos, The Internet of Money

“Bitcoin consists of: A decentralized peer-to-peer network (the bitcoin protocol) A public transaction ledger (the blockchain) A set of rules for independent transaction validation and currency issuance (consensus rules) A mechanism for reaching global decentralized consensus on the valid blockchain (Proof-of-Work algorithm)”
― Andreas M. Antonopoulos, Mastering Bitcoin: Programming the Open Blockchain