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Word Of The Day 2024/12/27 Main Takeaways Discover Binance’s Christmas Calendar! Log in daily from December 10-24 to unlock exclusive promotions, exciting activities, and festive surprises. Don’t miss your chance to share in over $990,000 worth of crypto rewards this #BinanceSeason through our Calendar and festive activities. From global meetups to the 2024 Year in Review and CR7 ForeverSkills, celebrate December with Binance both online and offline.
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word of the day 2024/12/27 Correct word is "YEAR"
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$BTC Bitcoin was introduced to the public in 2008 by an anonymous developer or group of developers using the name Satoshi Nakamoto. It has since become the most well-known and largest cryptocurrency in the world. Its popularity has inspired the development of many other cryptocurrencies What Is Bitcoin? Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity. This removes the need for trusted third-party involvement (e.g., a mint or bank) in financial transactions. Bitcoin was introduced to the public in 2008 by an anonymous developer or group of developers using the name Satoshi Nakamoto. It has since become the most well-known and largest cryptocurrency in the world. Its popularity has inspired the development of many other cryptocurrencies. Read on to learn more about the cryptocurrency that started it all—the history behind it, how to buy it, mine it, and what it can be used for. Key Takeaways Bitcoin is the end product of the work of many people, but it is generally accepted that Satoshi Nakamoto created it and introduced it in 2008. Bitcoin is the public blockchain used to create and manage the cryptocurrency of the same name. Bitcoin mining is the race between miners to hash block information, find the solution to a hashing problem, and add a block to the blockchain. The winning miner is rewarded with bitcoins. Bitcoin can be used by speculators, investors for investing purposes, and consumers for purchases or value exchange. There are many risks involved with investing in and using bitcoins, including volatility, fraud, and theft. @Feed-Creator-90a85d2da
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#XmasCryptoMiracles Cryptocurrency is officially mainstream. Approximately 16 percent of all Americans have invested, traded, or used a decentralized, blockchain-based token, which is a number that seems to increase everyday. The Super Bowl—the singular marquee event for advertisers—was absolutely canvassed with crypto platform ads, picking up ultra high-profile celebrity endorsers in million dollar commercial productions. At last, a financial apparatus once condemned to the arctic regions of the economy has firmly pried its way into common society.
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