Overview
Obolite has created its most popular token in inexpensive denomination, resulting first and foremost in a fascinating gift for crypto enthusiasts. The design, the use of color as well as the precision of the printing give an idea of why this 2022 Obol is so popular. The Obol comes with a slightly rougher finish. The surface of the wallet in the sandy finish reminds us of fine sandpaper. The reason for this is that after printing, there is no finishing other than mechanical cleaning. This makes the Wallet a bit lower priced than its smooth counterpart, and it is also available more readily.
About Bitcoin
Bitcoin (BTC) is the first crypto asset to ever exist and was first described in a white paper in November 2008. Bitcoin is a purely digital asset and, unlike currencies issued by states, is not controlled by any entity such as a central bank or government and is therefore decentralized.
Bitcoin is virtual money, also called cryptocurrency. The underlying technology (especially blockchain, proof-of-work and cryptography) makes Bitcoin counterfeit- and fraud-proof. Trust among transaction participants is no longer necessary. The mechanisms and decentralized organization of Bitcoin prevent an individual or small group from gaining control and effectively banning Bitcoin, for example, or simply "printing" more Bitcoin.
There are no physical Bitcoins, only units documented on the Bitcoin blockchain, which - along with all Bitcoin transactions - are verified for authenticity and accuracy through elaborate calculations and can be transparently viewed and verified by any person.
Although the Bitcoin monetary system has only been in operation since 2009, it is very popular. Today, many millions of people, publicly traded companies, and even nation-states around the world put their trust in Bitcoin. Bitcoin's success has inspired the creation of other virtual currencies (so-called altcoins).
