Common mistakes in understanding Bitcoin One of the most common mistakes when learning about Bitcoin is believing that it is only useful for getting rich quickly. Another mistake is thinking that Bitcoin depends on a company, a creator, or a government that can control it. It is also common to confuse the price with the actual value of the network. Understanding Bitcoin requires separating speculation from the technological and financial purpose. Correcting these mistakes from the beginning helps make more informed decisions and reduce unrealistic expectations within the crypto ecosystem. ⚠️ Educational content. Does not constitute financial advice. #bitcoin #EducaciónCripto #blockchain $BTC
What Bitcoin IS Bitcoin is indeed a decentralized digital network that allows the transfer of value without intermediaries. It works thanks to blockchain technology, where transactions are verified by thousands of nodes around the world. Bitcoin does not depend on banks or governments and its issuance is limited, which makes it an asset with clear rules from its origin. Understanding what Bitcoin is helps in making informed decisions and understanding its true purpose within the crypto ecosystem.
📘 Crypto Class #1 What Bitcoin Is NOT Bitcoin is NOT a company, NOT a bank, and does NOT belong to any government. It is also NOT an investment platform that guarantees profits nor a system to get rich quickly. Bitcoin is a decentralized network that operates without intermediaries and is based on mathematical rules and consensus. Understanding what Bitcoin is not helps eliminate myths, false expectations, and common mistakes when starting in the crypto ecosystem.