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Why Bitcoin is Fastest Growing Currency

11 Feb Why Bitcoin is Fastest Growing Currency

Posted at 06:36h in Bitcoin News by

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Bitcoin has been the protagonist in the plot of the blockchain revolution. It has evolved to be the most impeccable way to transfer money through the internet. Governed by a set of decentralized networks and transparent protocols, it represents an alternative to fiat money controlled by the central bank.

There has been a lot of talk about how Bitcoins will be strongest to prevail in the sea of cryptocurrencies, given strong market consolidation, utility, divisibility, and transparency. To establish this fact, we’ll go through some impactful aspects of Bitcoin that give immense value to it as a cryptocurrency.

Bitcoin at Inception

Bitcoin was created in January 2009. The developers then stipulated a cap of 21 million on tokens in the protocol.

It has been one of the most profitable cryptocurrencies to exist over the web since then. To give some context, if you had put only $1,000 for Bitcoin in the year it had been publicly available first, you must now have been rich with £36.7…

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