$BTC Bitcoin (abbreviation: BTC; sign: ₿) is the first dec | User-Abir Hosen on Binance Square

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User-Abir Hosen

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$BTC Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi ...
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$BTC 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. #Share1BNBDaily

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$BTC $Bitcoin was the first cryptocurrency, a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments. Bitcoin can be used as a currency or an investment. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Updated Dec 16, 2024 · 1 min read #Share1BNBDaily

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$BTC What gives Bitcoin value? The value of Bitcoin comes from two connected aspects that support and reinforce each other: Its features Its network effects Bitcoin's features and network effects When a network grows, its utility grows also. The classic example is a telephone network. When there are only a few people on the network, it’s hardly valuable. But when you can call anyone, the network is more valuable. The same is true of money networks. #Share1BNBDail

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$BTC Sign up Learn Crypto Basics What is Bitcoin? The world’s first widely-adopted cryptocurrency. With Bitcoin, people can securely and directly send each other digital money on the internet. Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet. Unlike services like Venmo and PayPal, which rely on the traditional financial system for permission to transfer money and on existing debit/credit accounts, bitcoin is decentralized: any two people, anywhere in the world, can send bitcoin to each other without the involvement of a bank, government, or other institution. Every transaction involving Bitcoin is tracked on the blockchain, which is similar to a bank’s ledger, or log of customers’ funds going in and out of the bank. In simple terms, it’s a record of every transaction ever made using bitcoin. Unlike a bank’s ledger, the Bitcoin blockchain is distributed across the entire network. No company, country, or third party is in control of it; and anyone can become part of that network. There will only ever be 21 million bitcoin. This is digital money that cannot be inflated or manipulated in any way. It isn’t necessary to buy an entire bitcoin: you can buy just a fraction of one if that’s all you want or need. #Share1BNBDaily

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$BTC Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate. Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily buy, sell, trade, and manage bitcoin and the most popular cryptocurrencies. #Share1BNBDaily

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