RATE Group | The Power of an Individual Action in Crypto
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The Power of an Individual Action in Crypto

The Power of an Individual Action in Crypto

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Proof of Bitcoin's Birthday: The Power of an Individual Action in Crypto 101
Source: iStock/Cylonphoto

It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that’s what we see in the Cryptoworld. What’s more, this approach seems to be either solving some problems, or bringing them up to the surface for consideration.

Happy Bitcoin Birthday! It’s January 3rd – the eleventh anniversary of the first block in the Bitcoin blockchain mined, also known as the Genesis block. It’s also the second Proof of Keys Day (PoK), meant to display that the owners control their funds, and it’s led by the famous ‘not your keys, not your coins’ adage. Since last year, people in the crypto community have been adding [Jan/3 [key emoji]] to their Twitter handles to show support for the event and the meaning behind it.

And this is the point of the blockchain and Bitcoin, and it’s the point of…

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