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Bitcoin - The Internet of Money
/btc was created to foster and support free and open Bitcoin discussion, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin industry leaders! Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever.
BitcoinCash is the currency of the Internet which follows [Satoshi Nakamoto's](https://en.wikipedia.org/wiki/Satoshi_Nakamoto) original vision. A distributed, worldwide, decentralized digital money on a public ledger known as a ["Blockchain"](https://en.wikipedia.org/wiki/Blockchain). Unlike traditional currency such as dollars, BitcoinCash is issued and managed without the need for any central authority whatsoever.
Assuming a current 7.8 billion world population and 16 million Bitcoin accessible in a wallet (accounting for lost/immovable coins), that's 205,128 Satoshis per person, or 0.00205 BTC. That costs $13.85 at the current price. Would you pay $14 for your share just in case?
I know times are tough and not everyone can do this, of course necessities come first, but I would say that the price of three coffees or a case of beer is a sacrifice worth making for putting in place a contingency plan, an insurance policy of sorts if our world's banks cannot manage to pull off the saving of the house of cards. With $1200 checks on their way to Americans, some will blow far more than $14 of it on less useful things. I hope things don't have to get that bad before they get better, but if they do I bet you'll be glad you thought of yourself and those who depend you and prepared accordingly.
BitCoin is actually stored on the Blockchain network and your wallet stores your BitCoin address and private keys to allow you access. When you make a purchase or send bitcoin somewhere, your wallet will use the key to digitally sign the transaction proving ownership of your bitcoins. How Free.Satoshi-Bits Works. Your profit will send to your provided Bitcoin Wallet Address. 2. Invite Your Friends and Get Paid. You will get 0.002 BTC for each successfully reffered friends. 3. Withdraw Your Profit. You can withdraw your Profit earned once it reach 0.02 BTC. Minimum Withdrawal amount is 0.02 BTC. In 2008, it is said that either Satoshi or a partner registered the bitcoin.org domain name. It was also in 2008 that the infamous white paper was released, titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. Before Bitcoin’s unveiling in 2009, blockchain technology really only existed in theory with no successful implementation. Bitcoin price. We closed the day, June 30 2020, at a price of $9,137. That’s a minor 0.51 percent decline in 24 hours, or -$47.59. It was the lowest closing price in two days. The first wallet program called Bitcoin-Qt was released in 2009 by Satoshi Nakamoto as open source code. Bitcoin-Qt, also called "Satoshi client" is sometimes referred to as the reference client because it serves to define the Bitcoin protocol and acts as a standard for other implementations. As of version 0.9, Bitcoin-Qt has been renamed
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