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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. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...
Bitcoin price surge after Elon Musk and Tesla announcements of investments into Bitcoin, including acceptance of payment. [212] 16 February 2021 $50,000 : Bitcoin price reached new all-time high of $50,000. [213] 10 April 2021 $60,000 : Bitcoin back above $60,000 as Coinbase gets ready to go public on the stock market. [214] 14 April 2021 $64,800
Money Electric: The Bitcoin Mystery is a 2024 documentary film, directed and produced by Cullen Hoback. It explores the origins of the crypto currency Bitcoin and the identity of its pseudonymous creator Satoshi Nakamoto. Produced by HBO in association with Hyrax Films and HyperObject Industries, the film was released on October 8, 2024. [1]
A bitcoin ATM in California. Bitcoins can be bought and sold both on- and offline. Participants in online exchanges offer bitcoin buy and sell bids.Using an online exchange to obtain bitcoins entails some risk, and, according to a study published in April 2013, 45% of exchanges fail and take client bitcoins with them. [30]
Prevailing Bitcoin logo. The Rise and Rise of Bitcoin is a 2014 American documentary film directed by Nicholas Mross. [1] [2] The film interviews multiple companies and people that have played important roles in the history expansion of Bitcoin. It first premiered at the Tribeca Film Festival in New York on April 23, 2014.
Peter Todd is a Canadian cryptographer and software developer who was an early contributor to the development of Bitcoin. [1] Todd has been involved in cryptocurrency since the early 2010s and has worked on blockchain and privacy-focused projects.
By November 2018, bitcoin was estimated to have an annual energy consumption of 45.8TWh, generating 22.0 to 22.9 million tons of CO 2, rivalling nations like Jordan and Sri Lanka. [250] By the end of 2021, bitcoin was estimated to produce 65.4 million tons of CO 2, as much as Greece, [251] and consume between 91 and 177 terawatt-hours annually ...
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 ...
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related to: wikipedia bitcoin videos