Bitcoin's little-known facts exposed! Subverting cognition, do you dare to read it?
1. The total amount of Bitcoin will never exceed 21 million, which is a hard-coded rule in its code. By 2024, more than 19 million Bitcoins have been mined worldwide, and the remaining deposits are getting smaller and smaller. Explanation: Emphasizing the fixedness of the total amount of Bitcoin and the current progress of mining, people are aware of its scarcity.
2. The creator of Bitcoin is Satoshi Nakamoto, a mysterious figure whose identity remains a mystery. He (or she) published the Bitcoin white paper in 2009, ushering in the era of cryptocurrency. This initiative is undoubtedly a revolution in the history of digital currency.
3. The Bitcoin mining process is actually a solution to a complex algorithm, not a real "mining". This process requires a lot of computing power and electricity, which is why Bitcoin mining is mainly concentrated in places with abundant electricity resources.
4. Bitcoin transactions are anonymous, but not completely untraceable. All transaction records are stored in a public ledger that can be viewed by anyone. This makes Bitcoin have a certain degree of transparency while providing privacy protection.
5. The price of Bitcoin fluctuates greatly. It has risen by more than 20% in one day and has also plummeted by more than 30% in a few days. This high volatility makes Bitcoin investment full of risks, but also brings huge profit space to investors.
6. Bitcoin's distributed ledger technology, that is, blockchain, is regarded by many as an important technology for the future financial industry. It has the potential to change the way the financial industry operates, making transactions safer and more efficient.
What do you think about this? The rise of Bitcoin has undoubtedly changed our understanding of monetary finance, and its future is full of infinite possibilities. However, its volatility and risks also make people dare not easily get involved. In this new era of digital currency, how we should view and deal with Bitcoin, a new thing, is a question worth pondering.
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