2024-03-12 22:00:00
Islam MuhammadThe Bitcoin currency continued to achieve unprecedented levels, exceeding the level of 72 thousand dollars and gains amounting to 244% during the last 12 months, amid high rates of demand for the cryptocurrency and supported by strong trends in Britain that will allow the listing of products traded on the stock exchange related to cryptocurrencies for the first time. According to According to Bloomberg data, the unit price of Bitcoin continued its strong rise, achieving an increase of regarding 70 percent this year, amid many companies adopting strong expectations for Bitcoin in 2024. So how was the beginning of the most rising currency? Bitcoin Bitcoin is an encrypted digital currency, which is being traded. It is outside the jurisdiction of any central authority, as it is completely electronic and circulates only over the Internet, and it differs from traditional currencies in that there is no central regulatory body subject to it. The Bitcoin currency provides opportunities to use it as another currency for purchases over the Internet or even to convert it to traditional currencies. It dates back to the beginning Its inception dates back to 2009, specifically through a person under the name Satoshi Nakamoto, who introduced the currency primarily with the aim of using it in payment operations that are not subject to government oversight or transaction fees, unlike traditional “mandatory” currencies. “The first operation implemented and gradually in the journey of the cryptocurrency path.” The beginning came through registering the website bitcoin.org, and launching the first version of the currency in January 2009. The exchange rate for the first version of bitcoin was set at 1309.03 Bitcoin per US dollar, and then the first real global transaction in Bitcoin began, with the payment of 10,000 Bitcoin for a pizza. On the Bitcoin Forum. Stages of development. Following the implementation of the first real transaction via Bitcoin, it was announced for the first time the creation of a new website, with the publication of the first trading price for the currency at 1 Bitcoin, equivalent to 0.001…
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