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5 Facts about BTC

Did you know? Here are 5 facts about BTC: BTC cryptocurrency

1. Bitcoin is a decentralized digital currency that uses cryptography for security. It was created in 2009 by an anonymous person or group using the pseudonym "Satoshi Nakamoto.

2. Transactions with Bitcoin are recorded on a public ledger called the blockchain, which allows for transparency and prevents fraud.

3. Bitcoin can be used to buy goods and services, but it is also used as an investment and a store of value. Its value has fluctuated significantly since its inception, with some dramatic price swings.

4. Bitcoin is not backed by any physical asset or government, and its value is determined by supply and demand.

5. Bitcoin has faced controversy and regulatory challenges, but it remains a popular and influential digital currency.

This post is based on this twitter thread.


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