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Bitcoin Doesn't Need a Bank, Yet MicroStrategy Wants to Become One

By Phil Haunhorst

Strategy wants to be the Bitcoin bank of the world, while Bitcoin's blockchain still fits on a 1TB drive and developers fight over its growth. The post Bitcoin Doesn't Need a Bank, Yet MicroStrategy Wants to Become One appeared first on BeInCrypto.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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