Bitcoin Cheat Sheet

My one-page summary of Satoshi Nakamoto’s seminal paper, published on October 31, 2008. Fifteen years later, the technology he developed and programmed has aged remarkably well. Bitcoin’s market cap exceeds $ 650 Billion, substantially more than Belgium’s GDP (~$580 B) and five times the market capitalization of International Business Machines Corporation (IBM). Millions of people use the Bitcoin Network to save and transfer economic value without a trusted third party. El Salvador has made it legal tender in the country. Several ETFs are available in Europe and Canada and are expected in the United States. Excluding possible “Black Swans”, the Bitcoin Network could become the backbone of the Internet of Money.