Bitcoin a cryptocurrency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to verify transactions and can be purchased on several exchanges.Bitcoin is the premier cryptocurrency and its value accounts for the lion’s share of the whole sector.
Bitcoin was introduced to the public in January 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto.Launched in 2009, Bitcoin is the world’s largest cryptocurrency by market capitalization.
Bitcoin’s history has been turbulent; it has gone through several ups and downs over its relatively short lifespan.
Bitcoin was initially designed and released as a peer-to-peer payment method. However, its use cases are growing due to its increasing value and competition from other blockchains and cryptocurrencies.Investors and speculators became interested in Bitcoin as it grew in popularity.
𝘼𝙢𝙪𝙨𝙞𝙣𝙜 𝙁𝙖𝙘𝙩:Bitcoin’s all-time high price is $69,000, reached on November 9, 2021!!
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