Bitcoin is a bank in cyberspace, run by incorruptible software, offering a global, affordable, simple, & secure savings account to billions of people that don’t have the option or desire to run their own hedge fund.
Gravity still exists in the Crypto markets. The latest news out of China, coupled with Elon Musk’s tweet informing us that Tesla will no longer accept Bitcoin for payment, has been railing Bitcoin and cryptocurrencies. The reason Tesla is no
Blockchains are the foundation of cryptocurrencies. They each can have their own means of arriving at consensus. For example, the consensus protocol of Bitcoin’s blockchain (BTC) is based on proof-of work, while Cardano’s blockchain (ADA) is run by proof-of stake.
Paypal and Visa are both now planning to have a Bitcoin to fiat conversion option at the point-of-sale for its customers. Meaning, people who hold Bitcoin in their Visa and Paypal wallets will now be able to make Everyday Transactions
Before we skydive into Bitcoin’s vastness, its blockchain technology, and the impacts of fiat money printing on crypto (which are all relevant to the question, Why Buy Bitcoin?)—we must also ask ourselves what has brought you to that very question.
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