{"id":606217,"date":"2024-03-14T18:44:55","date_gmt":"2024-03-14T22:44:55","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/2024\/03\/14\/what-is-bitcoin\/"},"modified":"2024-03-14T18:47:14","modified_gmt":"2024-03-14T22:47:14","slug":"what-is-bitcoin","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/03\/14\/what-is-bitcoin\/","title":{"rendered":"What is Bitcoin?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A digital asset. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What I find fascinating is that there will only ever be 21 million bitcoin in existence, which means not everyone could own 1 bitcoin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lettuce assume that there is around 7 billion people on the planet, not only 21 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even in America, I think we have 333 million Americans. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This becomes interesting to me because maybe owning a bitcoin is even more useful than owning a house or a car or whatever; because you could keep making new homes and cars, but you cannot keep making more bitcoin?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Is bitcoin \u00e2\u20ac\u0153worth\u00e2\u20ac\u009d anything?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No. But then again, if we think about this sociologically, besides food and water, everything else doesn\u00e2\u20ac\u2122t really have any real value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A digital asset. What I find fascinating is that there will only ever be 21 million bitcoin in existence, which means not everyone could own 1 bitcoin. Lettuce assume that there is around 7 \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-606217","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/606217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=606217"}],"version-history":[{"count":3,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/606217\/revisions"}],"predecessor-version":[{"id":606220,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/606217\/revisions\/606220"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=606217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=606217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=606217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}