Joined: 11.01.2021   
Rasaq Atere             
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1. Bitcoin is the world’s first cryptocurrency, created in 2008. It has digitally-stored value, can be converted to Philippine Pesos, and can be used to purchase goods and services from merchants that accept BT...C.

2. Bitcoin is decentralized. It's not owned or controlled by a single government or organization. However, some central banks such as the Bangko Sentral ng Pilipinas (BSP) have issued virtual currency regulations and require a license for Bitcoin wallet providers and exchanges to legally operate.

Did you know? Coins.ph is the first company in the Philippines to have a Virtual Currency Exchange license from the BSP.

3. Bitcoin is powered by blockchain technology. A blockchain is a digital ledger that stores all bitcoin transactions ever made. It is designed to be secure and transparent. In fact, all bitcoin transactions are public and may be searched using blockchain explorers such as https://blockchain.com/.

4. Bitcoin is mined. Bitcoin mining is how new bitcoins are added to the bitcoin network. This is done by miners to verify the legitimacy of bitcoin transactions using supercomputers that solve complex equations.

5. Bitcoin is limited. Only 21 million bitcoins can ever be in existence. As of November 2020, there are 18.5 million bitcoins in circulation.

Experience the easiest way to buy bitcoin in the Philippines. Learn more: https://coins.ph/blog/how-to-buy-bitcoin/

Kindly note that buy & sell of cryptocurrencies and owning digital assets such as Bitcoin come with inherent risks as the price and value of such are highly volatile. The prices may change rapidly and potentially cause great losses
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Jeffrey R. Currie, Goldman Sachs’ global head of commodities research, quoted "I think the Bitcoin market is beginning to become more mature. Volatility and those risks that are associated with it are common fo...r nascent assets."
Read the full article 👇

https://cointelegraph.com/news/goldman-sachs-says-bitcoin-is-on-the-path-to-maturity
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The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U....S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According […]

https://news.bitcoin.com/us-president-elect-biden-to-nominate-mit-blockchain-professor-gary-gensler-as-sec-chairman/
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Morpheus.Network provides improved visibility throughout the supply chain, allowing businesses to minimize defects and delays. Emerging technologies like blockchain, when integrated with supply chains can help ...organizations better manage their logistic operations.
https://morpheus.network/
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https://cryptobriefing.com/tesla-elon-musk-billion-bitcoin-investment/
Bitcoin has become one of the most exciting and potentially lucrative investments of 2020, and now Tesla and SpaceX founder Elon Musk w...onders if he too should be adding BTC to his companies balance sheets.Show more >

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MY all time favorite Crypto person: Anthony Pompliano, AKA Pomp with a new podacst

"No single person or organization gets to choose who gets amplified and who gets silenced. The power of choice was str...iped from the user and is now being monopolized by the platform creators."

Must listen: https://pomp.substack.com/p/decentralization-is-a-necessity-now
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"Even the banks want bitcoin." Morgan Stanley now owns 792,627 shares of Microstrategy.
https://news.bitcoin.com/morgan-stanley-bitcoin-microstrategy/

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Technology can be argued to be as old as man itself; various inventions like electricity, steam engines, railways, etc., have all changed the existence of man and how we view the world. However, most of these i...nnovations have now become more of infrastructures with most governments now regulating and owning these spaces. The more recent definition of technology is one that is mostly borne from the invention of the world wide web in 1989. The internet remains one of the most important innovations of mankind and a springboard for most of the massive strides made by man in recent times. The internet opened new ways of interacting, communicating, transporting, educating, as well as other new exciting, and financially lucrative industries. Modern technology has therefore been viewed from the lens of the internet and its derivatives; today when we say products, we are mostly talking about mobile apps or software, almost every business out there has a website and many entrepreneurs are leveraging on so many forms of technology for business with most being enabled by one software or algorithm or the other. Modern technology is digital apps, software, websites, algorithms, cloud computing, artificial intelligence, machine learning, virtual reality, fin-tech, blockchain, etc. The power of the tech industry over the years cannot be over-emphasized as can be seen in the domination of the Forbes list.

Read more: https://medium.com/datadriveninvestor/why-decentralized-technology-and-cryptocurrency-is-the-future-39fe7b5529c0
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According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/
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There are a few digital money tricks in the blockchain space. Probably the most well-known incorporate shakedown, counterfeit trades, counterfeit giveaways, online media phishing, reorder malware, phishing mess...ages, Ponzi and fraudulent business models, and ransomware.

How about we quickly examine every one of them so you can figure out how to stay away from the most widely recognized Bitcoin tricks and keep your digital money possessions completely secure.

Introduction

However long new innovation is brought into the world, fraudsters will keep on looking for a spot to flourish. Sadly, Bitcoin gives cryptographic money tricksters an intriguing open door as it's borderless computerized cash.

Bitcoin's decentralized nature permits you to be in full control of your ventures. Be that as it may, it additionally makes it harder to outline an appropriate administrative and law implementation system. On the off chance that con artists figure out how to fool you into committing errors while utilizing Bitcoin, they may wind up taking your BTC, and there is practically nothing you can do to recuperate your crypto.

All things considered, it's vital to see how tricksters function and figure out how to recognize likely warnings. There are a lot of Bitcoin tricks to pay special mind to, yet some are more normal than others. Therefore, we will investigate eight normal Bitcoin tricks and how you can evade them.

Regular Bitcoin tricks (and how to maintain a strategic distance from them!)

Fake trades
Fake giveaways
Online media phishing
Reorder malware
Phishing emails/messages
Ponzi and fraudulent business models
Ransomware

More... https://www.consulting24.co/post/8-common-bitcoin-scams-you-must-know-about
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Dogecoin comes up on top for the first time! 🥳
Discover new treasures here: https://coingecko.com/en/discover

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