Although the Bitcoin phenomenon has indeed been rejected by the majority of the financial community, it has presented those wishing to invest in the currency with unique opportunities that are not available compared to fiat currency. . As mentioned earlier in this essay, the Bitcoin production and transaction network is completely independent of banking or government intervention. While governments generally control the production and amount of money in circulation for an economy, the quantity of Bitcoins depends solely on the amount in circulation already existing on the Internet and the number of people mining new Bitcoins. Since transactions are always P2P, Bitcoins are completely free of regulations or other limits set by third parties that affect fiat currencies (Faktor). Money is also limited to the amount that can be produced in a given period (Nakamoto). Compared to a state-run entity that can put an excessive amount of liquidity into circulation, such as Quantitative Easing I-III implemented by the Board of Governors of the US Federal Reserve, Bitcoin’...