Bitcoin


Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks. Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



More / Bitcoin Reddit - 3 years ago

.bitcoin extension

So I think that as the world begins to use crypto more and more that domain names that can be used to link your crypto wallets will grow in popularity the same way IG/twiter names are. So instead of sending someone a really long random address I can...

More / Bitcoin Reddit - 3 years ago

Bitcoin is bad for China’s world domination plans.

I’m throwing darts here but would be awesome if someone did the research. Just from growing up loving to play every type of strategy game devised, China is on a path to world domination, and they are realizing that Bitcoin is a factor they didn’t tak...

by COINS NEWS - 3 years ago

'Nobody uses bitcoin'

2011 - No one uses bitcoin. 2012 - Only computer nerds use bitcoin. 2013 - Only drug dealers use bitcoin. 2014 - Only money launderers use bitcoin. 2017 - Only gamblers use bitcoin. 2019 - Only a fraction of the population uses bitcoin. 2020 -...

More / Bitcoin Reddit - 3 years ago

Take your Bitcoin off the exchanges

This is very important. There are hundreds of million of people who own Bitcoin, but there are only 53 million wallets. Link to site showing number of wallets: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html Given that exchanges an...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...

More / Bitcoin Reddit - 3 years ago

The US should print money and buy 2-3 million Bitcoin over the counter to stabilize the worlds reserve currency-then, it should disclose the investment, which would make the investment 10-50x and the US would have the strongest currency and treasury of al

At that point, the US dollar would be backed by the only asset to appreciate 100% every year for 12 years, and the asset would be completely derisked because of US adoption. The US then becomes the richest country in human history with the most stabl...