What is Bitcoin (BTC)? | Bitcoin Explained in Under 60 Seconds

3 years ago
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Bitcoin (BTC) is a decentralized peer-to-peer payment network, and the first digital currency to implement the innovative ‘blockchain technology’ public ledger.

P2P Transactions - Bitcoin is revolutionizing the way people transact around the world. Anyone can easily make payments or exchange money without the need for a third party intermediary.

Search All Crypto Tokens (Name or Symbol) ▶ CDRCrypto.com

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The Beginning | Genesis Block - Bitcoin was introduced in 2009 in response to bank bailouts. The Genesis block displayed the message “Jan 2009, Chancellor on brink of second bailout for banks”.

Who Created Bitcoin? - The creator of Bitcoin is an anonymous developer (or group of developers) known by the alias ‘Satoshi Nakamoto’. There are many theories, but not much is known about the mysterious Nakamoto.

World Adoption - Bitcoin is the largest cryptocurrency by market cap, and mass adoption continues to occur worldwide. Countries such as El Salvador have already made Bitcoin legal tender.

Mass Disruption - Bitcoin has paved the path for the thousands of other innovative cryptocurrencies that are now being introduced. This will not only completely change how people transact, but disrupt all industries around the world in exciting ways.

WEBSITE: https://bitcoin.org/

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