Part 4/15:
What Is Bitcoin? Beyond the Hype
Antonopoulos provided a clear definition: Bitcoin is the first and largest global, open, permissionless blockchain. It is a mathematical proof system with the following key features:
Borderless and permissionless: It can be used by anyone, from anywhere, without needing approval from authorities.
Resistant to censorship and geo-political control: Its decentralized nature renders it immune to regulation or shutdown.
Trustless transactions: No central authority or intermediary is required; trust is established through cryptography and consensus mechanisms.