ULTIMATE GUIDE FOR BLOCKCHAIN 2025
- Ali Tuna
- Oct 24
- 2 min read
Updated: Nov 1
For centuries, humanity has sought safety and security. There are many ways to keep our money safe—but most are now controlled either by governments or financial institutions. This is a guide to making money with Bitcoin and launching an AI-powered startup.
Table Contents
The Problems with Traditional Money
Who Is Satoshi Nakamoto?
What Exactly Is Blockchain Technology?
Bitcoin: Advantages and Disadvantages
1. Centralization
Centralized finance in the modern age pushes people toward tangible physical assets such as gold and silver.In centralized finance, our wealth is tied to the government, meaning that currency fluctuations directly affect our net worth.
2. Inflation
When governments print money excessively, interest rates and foreign dependency rise, eroding the real value of savings. Modern investing therefore requires managing and tracking multiple investment vehicles, which is why digital assets and tokenomics have become increasingly important in today’s financial landscape."
Perhaps you are looking for also:
3. Security and Privacy
Even though banks claim to keep our personal data private, most of us do not truly trust
them.
4. Transfer Costs and Processing Time
Traditional bank transfers can only be made during specific hours — a serious problem when you need instant access to your money. With Bitcoin, transactions can happen anytime, anywhere.
5. Direct Peer-to-Peer Communication (Optional)
In today’s world, direct communication between transacting parties might seem unnecessary.However, Bitcoin enables true peer-to-peer (P2P) transactions, allowing users to interact and transfer value without intermediaries.
Until comes into play someone who impacts on everyday life....
Who Is Satoshi Nakamoto?
Satoshi Nakamoto is an anonymous individual (or possibly a group) whose true identity remains unknown.What we do know is that Nakamoto created the blockchain protocol, which laid the foundation for decentralized digital currencies — and made him among the wealthiest people in the crypto world.
What Is Blockchain?
Blockchain is a decentralized, secure, peer-to-peer financial protocol that allows low-cost, transparent, and tamper-resistant transactions — free from centralized authority or government control.
Miners, developers, and engineers create their own blocks by solving complex proof-of-work (PoW) puzzles.Whoever solves the puzzle first becomes the owner of that block and can update it as needed.This trial-and-error process is highly resource-intensive but essential for maintaining blockchain security and integrity.
Advantages and Disadvantages of Bitcoin
Advantages
Peer-to-Peer Transactions: No intermediaries or banks are required.
Borderless Payments: Fast international transactions with minimal fees.
Transparency: Government and institutional processes become more transparent.
Innovation: Enabled the rise of smart contracts and DeFi (Decentralized Finance) systems.
Disadvantages
Limited Scalability: While credit card networks process thousands of transactions per second, Bitcoin can handle only about three transactions per second.
High Energy Consumption: The Bitcoin network consumes an estimated 53 TWh of electricity per year, roughly equal to the entire energy consumption of Bangladesh. A single Bitcoin transaction could power several homes in a high-income country for an entire day.
Volatility: Bitcoin’s purchasing power fluctuates heavily, which remains one of its biggest drawbacks.
As Bitcoin continues to evolve away from its original concept, the Proof of Stake (PoS) mechanism may serve as a lifeline for its sustainability and scalability.
Comments