Bitcoin Arithmetic #1 – What Is the White Paper?
A long time ago, a person named Satoshi Nakamoto wrote something very short but very important. It was only nine pages. This paper is called the Bitcoin White Paper.
A white paper is like a guidebook. It tells people how something new works. In this case, it explained a way to make money that lives on the internet.
This money is not controlled by a bank or a government. Instead, it works because everyone can agree on who owns what.
The white paper is like the set of rules for the game of Bitcoin. Without it, people would not know how to play fair.
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