Club5050 || What Is A Cryptocurrency Bitcoin? || By @mrazmat
Bitcoin
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This is Bitcoin's third hover since the invention of the bitcoin in 2009. The first time this happened in November 2012 and the second time in July 2016. The next time this happens is in May 2024.
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According to the bitcoin code, the number of bitcoins received by miners will halve after every 210,000 blocks, until in about two decades this number will be reduced to zero, hence the number of bitcoins in the world. This is because, unlike currencies such as the dollar, pound or euro, there is no central bank to regulate the supply of digital currencies. Proponents say that the reason for its scarcity is that the value of the bitcoin is maintained, and that is why investing in it may be safer in times of crisis than in the case of common currencies. The value of this digital currency has risen by more than 20% this year, reaching ڈالر 10,000 per bitcoin last week. This comes after reports that hedge fund manager Paul Tudor Jones called the cryptocurrency an "investment to protect against inflation". But according to some investors, housing may be less attractive to miners.
Hello @mrazmat, after checking your content I discoverd that this publication is plagiarized from the web.
Source : https://vnunetblogs.com/cryptocurrency-bitcoin-what-is-the-process-of-halving/
Please we do reward people base on PoB mechanism. So this serves as a warning to you because you basically copied everything from the above website. Be more original next time
@endingplagiarism
@endplagiarism04
@kouba01
You should endeavor to power up atleast half of your rewards before using any club tag in your post. You are not eligible to use #club5050 tag because you haven't powerup up half your rewards
Please make sure you power up atleast half of your rewards
Hello Dear @steemcurator05!
Now I Have Powerd Up Of 42 Steem.Now Check My Club Status.
Thanks😊
Congratulations, your nice post has been upvoted by the steem.skillshare curation trail!
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