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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Swiss National Bank wary of Bitcoin and Ethereum
13 Nov 2024 14:00 Swiss National Bank Chairman Martin Schlegel highlighted how the volatility of digital currencies made them impractical for payments, adding to its link to crimes and high energy use.
Coinbase preps ‘crypto index’ derivative, denies token-listing fees Coinbase is basking in a post-election glow, as its app leaped into the #1 spot in the App Store's finance category on November 12—a few days before the U.S. election, it wasn't even in the top 100.
Kenya collects $78 million in digital currency taxes The Kenya Revenue Authority is working with the central to initiate more effective tax measures as it targets $465 million in taxes from digital asset traders in the country.
How Teranode fulfills Bitcoin’s true potential: Siggi Óskarsson BSV Association's Siggi Óskarsson joins CoinGeek on the sidelines of the AWS Summit Zurich to talk about Teranode and how AWS has a role to play in this.
Zero Gravity Labs, 0G Foundation Garner $290 Million for AI System Development
Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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