What is Bitcoin?
The digital financial system changing the world
Ferenc Kovács
What does the Bitcoin network promise?
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01
Open to everyone
No permission needed. No registration, no age limit, no bank account. Accessible to 8 billion people — all you need is a phone and internet.
1.3 bn
adults have no bank account — 21% of the world's adult population (World Bank Findex 2024).
80%
don't live in a fully free country — only 20% live in a fully free system (Freedom House 2025). Most of Africa, China, Russia, Iran, Middle East, Central Asia: your money can be taken at any time.
2 bn
children worldwide — can't open an account, can't control their own money. Bitcoin: anyone, any age, even without a parent.
€0.25
is enough to buy Bitcoin. No minimum, no portfolio threshold, no wealth manager. Stocks, real estate, serious investments need millions — here you can start from €1.
02
Finite supply
21,000,000. Never more. Can't be diluted, can't be printed. The code guarantees it — not a politician.
Hungarian Forint
2010 money supply16,7 ×10¹² Ft
2024 money supply48,9 ×10¹² Ft
Growth2,93×
Purchasing power loss−66%
Annual avg (CAGR)−7,4%
US Dollar
2010 money supply12,8 ×10¹² $
2024 money supply29,0 ×10¹² $
Growth2,27×
Purchasing power loss−56%
Annual avg (CAGR)−5,7%
03
Always auditable
Every transaction is public. Cent-accurate, real-time. Anyone can verify — from anywhere in the world, anytime, for free.
900,000+ transactions per day, all traceable — every single entry since January 2009.
Question for the room
"When do you think Fort Knox, the US gold reserve, was last fully audited?"
Answer: 1953. More than 70 years ago. Since then, only partial spot-checks and seal inspections — the complete inventory has never been independently audited. The world's largest gold reserve sits behind a closed door. Every satoshi of Bitcoin, by contrast, is open 24/7.
04
Protected by the strongest network
~1,057 EH/s of computing power — there is no stronger network in the world. And it protects your money for free.
~17
Paks II-sized reactors worth of energy — ~20 GW continuous load, ~200 TWh per year. (Paks II: planned Hungarian nuclear plant, 2×1.2 GW)
$170+ bn
one Paks II costs $10+ billion and 10+ years to build — 17× that would be needed to build this at state level. The Bitcoin network, in contrast, emerged spontaneously: nobody recruited the miners, they joined on their own.
4–5×
The combined capacity of every supercomputer in the world is still a fraction of the Bitcoin network — to compete with it, you'd need four to five times that power. No state could break it — not now, not in any foreseeable timeframe.
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