SLU Crypto Explains the Future of Money
Bitcoin has been making headlines lately, but what exactly is it? Created in 2009 by the mysterious alias Satoshi Nakamoto, Bitcoin is a form of digital money that isn’t controlled by any single entity. Instead, it operates on a network of thousands of computers around the world, working together to validate and keep track of every transaction ever made using Bitcoin. This record of transactions is called the ‘blockchain’– a big, public list that shows who owns what. This technology allows people to send and receive value without relying on banks or intermediaries. Bitcoin transcends borders, acts as a kind of “digital gold” for long-term wealth storage, and offers financial access to those without traditional banking options.
Why is it so special? The fixed supply. There will be only 21 million Bitcoin ever created, unlike the United States dollar which can have an infinite supply. The scarcity of Bitcoin is its superpower. Think of it like a limited-edition SLU hoodie. If the Brewer Bookstore made only 10, they’d be priceless. High demand and low supply. Unlike SLU hoodies, Bitcoin is divisible into tiny fractions called ‘Satoshis’, or ‘Sats’ for short, so you don’t need a whole one to join in.
Why should you care? We believe that Bitcoin is the future of our global monetary system, but there are a few risks worth mentioning. For one, its volatile, prices swing like Canton weather, 60 degrees today, snow tomorrow. Since 2009, it’s grown from a few cents per coin to over 100,000 dollars in 2025. A 5 dollars investment back then? You’d be ready to pay your e-bill. Going forward we expect more of the same. Why? It’s not mainstream yet—good luck buying Busch Light at Shoulette’s Redemption Depotw ith it—but it’s creeping in. Companies and counties are catching on, and so should you. It’s a way to protect yourself from the effects inflation (you’ll know when the Pub hikes prices again).
Bitcoin is not a company; it is not controlled by a single entity. The only people who govern Bitcoin are the people who participate in the network and own a share. Yes, a lot of people don’t trust it, the same way your grandma didn’t trust credit cards when they first came out and how your parents were skeptical of the internet. Any new technology has its skeptics, but those who understand it before the masses have an advantage. The Bitcoin network is growing faster than the Internet! And no, it is not too late to get involved. Some of the largest asset managers in the world think we’re just getting started, and so does the SLU Blockchain and Cryptocurrency Club. Don’t miss out on this opportunity.
If you want to learn more about the emerging world of digital assets, Blockchain or Web3 technology, get involved. Join the few and take hold of your future. This is not financial advice! Please do not take our word for it, always do your own research.