According to Mihir (@RhythmicAnalyst), Bitcoin does not use encryption; instead, it relies on cryptography for the creation and validation of private and public keys, which ensures transaction authenticity and security without encrypting data (source: Twitter, June 1, 2025). This distinction is critical for traders because it highlights Bitcoin’s transparency and the open nature of its blockchain, making it less susceptible to data obfuscation risks and supporting efficient, verifiable transactions. Understanding this technical foundation can help crypto traders accurately assess network security and make informed decisions about Bitcoin’s role in their investment portfolios.