Page 26 - Understanding EOS TojuKaka FlipBook

central banks. With cryptocurrencies, you own your
money, you take responsibility for securing it and you
don't need the permission of governments, banks or
any centralized authority to spend it.

Bitcoin is the first cryptocurrency to exist. It has a
maximum supply of 21 million. No central bank or
government can print fake copies of it because it uses
blockchain technology. By design, bitcoin is a good
store of value because it is a scarce resource and it
has a limited supply.

The value of bitcoin can only increase over time as
more people use it and its demand increases. On the
other hand, the value of national currencies can only
reduce over time due to inflation.

The EOS token is the native cryptocurrency of the
EOS ecosystem and it uses the EOS blockchain as its
database.

"Cryptocurrency is money with super powers."
- Seth Methin

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