What does Bitcoin metaphorically mean (Bitcoin is infinitely divisible)
What does Bitcoin metaphorically mean? What does Bitcoin metaphorically mean? Bitcoin is a new form of currency used to represent a digital asset. In the real world, Bitcoin is a combination of a variety of financial products such as value storage means, payment tools, exchange media and Electronic cash systems, which are traded or transferred through blockchain technology. But as more and more users use encryption technology and institutions accept this new form of asset class, people are becoming more interested in this new economic field and hoping to gain more wealth through it
If Bitcoin is used as gold or an alternative “Hard currency” like oil, then a more liquid hedge investment market is needed, which will greatly reduce the large number of dollars in circulation in the market, thus driving its price further up, and making it one of the safest investment products in the world
Bitcoin is infinitely divisible
According to Bitcoin, Bitcoin is a new form of digital currency with infinite divisibility.
. According to BitInfoCharts, since January 2011, BTC has achieved 3x scalability and speed – ten times faster than ever before. And every few hours or minutes, a huge block appears, bringing the total number of encrypted assets on the network to 21 million. The same applies to Bitcoin’s Full Node and Consensus Protocol (BFT): fundamentally, each miner is a network where the same person controls the entire blockchain; Therefore, they can all create their own chains to verify that Bitcoin is secure.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22424/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Trading volumes in Bitcoin and Ethereum derivatives continue to rise despite regulatory scrutiny
According to reports, the data showed that the trading volume of derivatives of Bitcoin and Ethereum in US dollars continued to rise in February. The trading v…
-
Table of Contents
According to reports, Sun Yuchen responded to Zhao Changpeng on Twitter that as a partner market maker of TUSD, TRON DAO Venture\’s main purpose of depositing into TUSD is to promot
-
What is ECB Coin (ECA Coin)?
What is ECB Coin? According to the ecbcoin Chinese website, ECB Coin is a crypt
-
Binance and CZ Accused of Violating Regulations by CFTC
On March 27th, according to the litigation documents issued by the U.S. Commodity Futures Trading Commission (CFTC), Binance and its CEO CZ violated the regulations of the CFTC, in
-
Blur Ethereum Surpasses Optim in NFT Market Debris with 7225.25 ETH
It is reported that according to the data of Ultrasound.money, the destruction volume of Blur Ethereum, the aggregator in the NFT market, has reached 7225.25 E…
-
#Bank of America’s Cautious Approach towards Encryption Industry
According to reports, Bank of America has been more cautious in providing services to the encryption industry after a series of regional bank failures and strengthened scrutiny by
-
21:00-7:00: Everything You Need to Know about US SEC, Coinbase, Starknet, and Magic Eden
21:00-7:00 Key words: US SEC, Coinbase, Starknet, Magic Eden
Overview of important developments overnight on March 23rd
Table 1: OutlineI. Introduction – Brief overview of US SEC, -
Controversy Surrounding Bored Ape Yacht Club’s Iconic Wolf Skull Logo
It is reported that the iconic wolf skull logo of the main NFT series Bored Ape Yacht Club (BAYC) of Yuga Labs was illegally registered as a trademark without …
-
Table of Contents
According to reports, according to CME\’s \”Federal Reserve Observation\”, the probability of the Federal Reserve maintaining interest rates unchanged in May is 32.6%, and the probabi
-
Introduction: Understanding Cega, a DeFi Derivative Agreement
According to reports, Cega, a DeFi derivative agreement focused on options, completed a $5 million financing, led by Dragonfly Capital, and participated by Pantera Capital and Robo
-
Supreme: The NFT series released by Quan Zhilong has a disclosed general vulnerability in CVE-2022-38217
On March 22, it was reported that according to the monitoring by the Web3 security agency Supreme, the brand PEACEMINUSONE (PMO) NFT series under the name of Korean singer Kwon Chi
-
Synthetix V3 integration complete with Ethereum and Optimism
On February 23, according to the official announcement, the synthetic asset issuance agreement Synthetix V3 has been deployed to the main network of Ethereum a…
-
What is Tai cryptocurrency (Tac cryptocurrency)?
Tai is a cryptocurrency based on the Ethereum network, according to official sou
-
CPI Data Release Affects US Stock Index Futures in the Short-Term
It is reported that after the CPI data was released, the US stock index futures fell in the short term and then rose sharply, and the three major stock index futures rose to 1%. After the release of CPI data, the three major stock index futures rose to 1% Analysis based on this information:The Consumer Price Index (CPI) is an economic indicator that measures the cost of goods and services from a consumer’s perspective. Changes in the CPI data have a significant impact on the US stock market, particularly in the short term. Recently, after the CPI data was released, the US stock index futures exhibited volatility; the three major stock index futures initially fell before rising sharply to a 1% increase. The reasons for the short-term fall in US stock index futures can be attributed to the concerns surrounding inflation. The CPI data showed a 5.4% increase in inflation, higher than what experts had predicted. This news created panic…
-
Legends of the Mara: A 2D Strategy Game with Revolutionary NFT Mechanics
According to reports, Yuga Labs announced that its metauniverse platform Otherside will launch a collection based 2D strategy game, Legends of the Mara (LOTM). The game introduces
-
BTC Market Fluctuates above US $25000
According to the report, the market shows that BTC has exceeded US $25000 and is now reported at US $25001.0, with a daily increase of 9.62%. The market fluctu…