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Niels David
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BNB
worthless? No way. It was not BNB you invested in. books recommended: Rich dad, poor dad, the richest man in Babylon
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#BitcoinTurns16 On 3 January 2025 Bitcoin turned 16. The first block of the Bitcoin Blockchain, termed the genesis block, was mined by Satoshi Nakamoto on the 3 January 2009. The beginning On 31 October 2008, the white paper detailing the basic structure and goals of the Bitcoin network was released by the developers under the pseudonym, Satoshi Nakamoto. Title of white paper: Bitcoin: A peer-to-peer electronic cash system Core concepts of the Bitcoin white paper include 1. A decentralized network 2. Use of a proof-of-work system 3. concept of a timestamp server The objective of this piece is to highlight the advantages of Bitcoin over Traditional payment system. Since its introduction financial institutions have rightly viewed Bitcoin as an enemy. Bitcoin has indeed disrupted the traditional financial system by exposing its inherent weaknesses and presenting itself a viable and reliable solution. The ability to transact securely and transparently from any place on the globe without the involvement of a third party is the most revolutionary merit of Bitcoin system. Other benefits include Faster transactions Instant payments Reduced transaction cost Financial accessibility Protection from fraud The price a Bitcoin rose to $1 in 2011 and in 2024 got to an all time high of $108,135. Have the objectives of the white paper been realized? The aim of presenting Bitcoin as a more reliable option of payment has not only been proved but has also been globally acknowledged. Bitcoin adoption as digital financial assets by nation-states and institutions is proceeding at rates never before witnessed. Conclusion In next 16 years where will Bitcoin be? Will any of its core features like immutability and transparency be disrupted? I hope not.
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pig butchering- test of greed index. not all that glitters is gold
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#Why I am not put off by this notification in Binance square
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good analysis. the developers should do more.
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Buying new coins requires caution. Except in very sure instances let price stabilize, undergo correction.
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