What is Bitcoin? What is the future and total supply of Bitcoin?
Assalamu Alaikum |
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Bitcoin is currently the most popular currency in the world.
This is the first cryptocurrency. Cryptocurrency is digital currency. Many of us keep our hard-earned money in the bank, so many times we don't get the money when we need it or many people run away with their deposited money.
In that case, cryptocurrency can be said to be very safe because cryptocurrency does not run under any person or organization.
These are not printed on paper, Bitcoins are created through mining.
This mining is thought by many to be mining in the same way that gold and silver are extracted from mines, Bitcoin was first introduced in 2009.
It is a decentralized cryptocurrency created by an unknown person known as Satoshi Nakamoto.
Image collect Pixabay
Future of Bitcoin |
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Bitcoin is coming out of the grip of the recession. Bitcoin went to bad conditions last few days and fell to 20,000 dollars.
However, since May, Bitcoin is back to its former position.
Currently hovering around $60,000-$70,000.
Bitcoin has become popular and its price is increasing day by day as various financial institutions accept Bitcoin for transactions in almost many countries. Play Pal Bitcoin recognition now allows you to make purchases using approved cards or cryptocurrencies using apps or websites.
This will increase the price of Bitcoin further in the future.
Total Supply of Bitcoin: |
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Bitcoin transactions are done on a sender-to-recipient computer or online basis.
Bitcoins are produced through mining where transactions are made based on the processing power of computers.
The total number of Bitcoins generated from transactions decreases every four years.
Thus a total of 2,10,00,000 bitcoins will be created till 2141 and after that no more bitcoins will be created.
https://x.com/MonjurulIslam39/status/1794700919596314752?t=5qTFd_3gUFIkLSu5P873gw&s=19
wow an important post, very nice, thanks keep it up❤️
Tnx you
Bitcoin is the first crypto. Bitcoin is the root of all other coins and other coins cannot be imagined without it. Thanks for writing about this.
Tnx you brother
Thanks for explaining what Bitcoin is and it's total supply it's good to get a good glimpse of what it entails, what a rare asset it is.
Please increase your engagement here in the community to get support here. Thanks
Ok