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  2. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto , an unknown person. [ 5 ] Use of bitcoin as a currency began in 2009, [ 6 ] with the release of its open-source implementation .

  3. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    The current value, not the long-term value, of the cryptocurrency supports the reward scheme to incentivize miners to engage in costly mining activities. [92] In 2018, bitcoin's design caused a 1.4% welfare loss compared to an efficient cash system, while a cash system with 2% money growth has a minor 0.003% welfare cost.

  4. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    Bitcoin was obscure back then, and I figured had just enough name recognition to be a useful term for an interstellar currency: it'd clue people in that it was a networked digital currency." [ 60 ] In March, the bitcoin transaction log, called the blockchain, temporarily split into two independent chains with differing rules on how transactions ...

  5. Bitcoin rallies past $107,000, hopes grow for strategic reserve

    www.aol.com/news/bitcoin-climbs-above-105-000...

    Governments around the world held 2.2% of bitcoin's total supply as of July, according to data provider CoinGecko, with the United States possessing nearly 200,000 bitcoins valued at more than $20 ...

  6. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    A diagram of a bitcoin transfer. The bitcoin protocol is the set of rules that govern the functioning of bitcoin.Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and ...

  7. The Trump-Biden stock market rally, decoded - AOL

    www.aol.com/finance/trump-biden-stock-market...

    The chart of the day. What we're watching. What we're reading. Economic data releases and earnings. I had three personal goals going into this year's Yahoo Finance Invest conference.

  8. Economics of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Economics_of_bitcoin

    Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. [1] Economists define money as a store of value , a medium of exchange and a unit of account , and agree that bitcoin does not currently meet all these criteria.

  9. Cryptocurrency bubble - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency_bubble

    In November 2018, the total current value for Bitcoin fell below $100 billion for the first time since October 2017, [12] [13] and the price of Bitcoin fell below $4,000, representing an 80 percent decline from its peak the previous January. [14] Bitcoin reached a low of around $3,100 in December 2018. [15] [16]

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