The Bitcoin Transparency And It Been A Security
The king crypto in recent times has turned out to be a trust worthy financial system, in which it stands for transparency due to the use of blockchain technology. A digital currency which is decentralized that has no governance has proven to be an asset which should be regarded as a security.
Does the world really need bitcoin? This is a question that will soon be answered in due time, as bitcoin is gradually making it’s relevance in the financial sector with the frequent collapse of several banks and financial institutions which is given raise of the phrase “Not your keys Not your crypto”.
In a twitter thread which the bitcoin evangelist which i refer to him as “Micheal Saylor” which he titles the tweet thread as why does the world need bitcoin, in the section of it been transparent and it also been a security he says that; Bitcoin transactions are recorded on a public, tamper-resistant ledger called the blockchain. This provides transparency and security, as transactions can be easily verified and traced, reducing the risk of fraud and corruption.
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