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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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NY Supreme Court’s ruling saves BTC miner Greenidge from closing
20 Nov 2024 16:00 However, the judge also ruled that Greenidge must reapply for the permit and that the Department of Environmental Conservation has the authority to deny it.
‘Crypto’ big bet pays off in Washington The next few years will determine whether crypto can translate the ongoing political capital into lasting change. Will we see regulation on the way, or will the industry overplay its hand?
Firms ape MicroStrategy’s BTC binge-buys, ask Trump to do same MicroStrategy revealed that it had purchased an additional 27,200 BTC tokens between October 31 and November 10, and the bill for this was over US$2 billion, with an average price of $74,463 per token.
India hopes for tech prowess under Trump leadership Donald Trump's victory as the 47th president of the U.S. looks to benefit India in the long run, with recent discussions cementing the two countries' stance to cooperate toward greater innovation.
A New Frontier: Court Authorizes Service of Process Through NFT Airdrop
Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike
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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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