INTERESTING FACTS OF  CRYPTO CURRENCY

INTERESTING FACTS OF CRYPTO CURRENCY

The first-ever cryptocurrency was Bitcoin, which was created by an unknown person or group of people using the pseudonym Satoshi Nakamoto in 2009.

The total market capitalization of cryptocurrencies exceeded $2 trillion for the first time in April 2021, up from just $17 billion in 2017.

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[{"selector":"#anim-f5ad9e1c-a933-4a45-9d7f-6676a8fc5077 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Cryptocurrencies are not backed by any government or central authority, making them decentralized and free from government control. Arrow

[{"selector":"#anim-93d84bf1-9a77-4bce-ab12-684e663fac10 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The supply of most cryptocurrencies is limited, with a predetermined maximum number of coins that can be mined or created, such as Bitcoin's maximum supply of 21 million coins. Arrow

The identity of the person or people behind Bitcoin's creation, Satoshi Nakamoto, remains a mystery to this day.

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[{"selector":"#anim-2264f0d1-a334-417c-8af4-020ff91467ee [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bitcoin transactions are irreversible, meaning that once a transaction is confirmed, it cannot be reversed or cancelled. Arrow

[{"selector":"#anim-ed4046cf-e698-451d-8667-ec2294471c19 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.285244247341844%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Many well-known companies, including Microsoft, Overstock.com, and AT&T, accept Bitcoin as a form of payment. Arrow

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