Question 1

What is Bitcoin (BTC)?

Accepted Answer

Bitcoin is the world’s first successful cryptocurrency. It was introduced in 2009 by a pseudonymous creator(s) Satoshi Nakamoto, whose identity remains unknown to this day.

Question 2

What Is the Market Cap of Bitcoin (BTC)?

Accepted Answer

The launch of Bitcoin revolutionized the monetary system by allowing global society to conduct financial transactions through a peer-to-peer network without the help of centralized intermediaries.

Question 3

What is Bitcoin’s Circulating Supply?

Accepted Answer

Throughout its existence and to this day, Bitcoin ranks first in value and popularity among the other cryptocurrencies that followed it.

Question 4

How Can I Buy Bitcoin?

Accepted Answer

Bitcoin (BTC) currently has a market capitalization of 47.053.251.974.620,00 CZK

Question 5

How Secure Is Bitcoin?

Accepted Answer

The current circulating supply of Bitcoin (BTC) is 19.785.918,00 US$

Question 6

Why Do Bitcoin Price Changes Impact Other Cryptocurrencies?

Accepted Answer

Bitcoin (BTC) can be purchased on virtually any decentralized or centralized cryptocurrency exchange. The TabTrader app aggregates 20+ major cryptocurrency exchanges and allows users to monitor 20K+ trading instruments in real time.

Question 7

What Is Bitcoin Mining?

Accepted Answer

The Bitcoin (BTC) network is secured by a Proof-of-Work (PoW) consensus mechanism. This system enables transactions to be processed in a decentralized manner, without the need for a trusted third party.

Question 8

How Can I Store My Bitcoin?

Accepted Answer

Since a lot of altcoins are commonly traded against Bitcoin, their value is substantially determined by the value of BTC. Bitcoin (BTC) is currently the largest digital asset by market capitalization and the one crypto asset that sees the most exposure to the world of fiat currencies.

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