bitcoin
Behold the Bitcoin, the original cryptocurrency; whether you're a skeptic or a bitcoin believer, get the lowdown on this controversial coin.
Why I Use Bitcoin as Collateral to Take on Debt
Bitcoin can be used as collateral to secure a loan, adding flexibility to an asset that is perceived as rigid. Bitcoin (BTC) is one of the most flexible types of asset you can own. Upon first glance, it is not immediately obvious why this is the case. To the uninitiated, Bitcoin just looks like digits on a screen. However, in recent years, an enormous amount of infrastructure has been built up around Bitcoin to allow it to be useful in a variety of new ways. One of those ways is as collateral to take on debt.
By Eusebiu Cioroaba2 years ago in The Chain
Wealth and Income Inequality Drives The Demand of Cryptocurrencies
The richest one-tenth of Americans have amassed almost $5 trillion in wealth since the start of the coronavirus pandemic. It’s not clear how much of that wealth belongs to the wealthy elite like Bill Gates and Jeff Bezos, who are worth $120 billion and $109 billion, respectively. While the wealthiest class is benefiting financially, the poorest people are experiencing their lowest standard of living since last election
By Estalontech2 years ago in The Chain
How to Make Money with Bitcoin ?
What Is Bitcoin? Many people confuse the two phrases since Bitcoin is the earliest and most prominent form of cryptocurrency (it was created in 2009). However, Bitcoin is only one type of cryptocurrency; others include Ethereum, Litecoin, and Dogecoin. Cryptocurrency is a type of digital currency that is supported by the blockchain, a type of encryption. Cryptocurrencies are nearly impossible to forge due to the way they are designed.
By Ahmed ibrahim2 years ago in The Chain
Bitcoin Price Prediction For 2019
Bitcoin Price Prediction For 2019 The year 2019 is set to mark the beginning of the second bull run, with a resurgence of cryptocurrencies, including Bitcoin. After a period of decline, the price of Bitcoin is expected to reach $54,000 by 2024. The highest point of the year is expected in January 2024, when the BTC price fluctuated over the $68,000 mark several times.
By yogesh markam2 years ago in The Chain
How Social Media Impacts Bitcoin Value?
How Social Media Impacts Bitcoin Value The value of bitcoin has skyrocketed recently, and while many people are asking what’s behind this sudden rise, others are wondering how social media plays into it all. This article will examine the impact that social media has on the value of bitcoin and see if there’s any correlation between the two. What do you think? Are social media and bitcoin value related?
By yogesh markam2 years ago in The Chain
Why Is Bitcoin The Most Effective Weapon In The Fight Against Inflation And Wealth Inequality
It’s not nearly as difficult as it appears. Simply put, central banks keep their economies lubricated by printing new money on a regular basis. With more money on hand, businesses may spend and service their debt more readily. There is, however, a catch: every new dollar added to the spending pool diminishes the purchase power of each individual dollar by the same amount.
By Vasilica Florin2 years ago in The Chain
bitcoin
Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.[7] Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto.[9] The currency began use in 2009[10] when its implementation was released as open-source software.[6]: ch. 1
By Rebecca Maria2 years ago in The Chain
