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No one can actually say that Bitcoin (BTC) is not the major focus of many people. We cannot take the position this cryptocurrency holds away from it. It is so impossible to even sit it on the bench.
In the past few months, we have seen the way Bitcoin (BTC) has skyrocketed from the price it used to be at the beginning of last year. And, it has changed many lives just within that space of time.
The sudden and rapid increment in the value of this cryptocurrency, did not just happen like a magic as some see it to be. It happened as a result of the high market capitalization that notable investors have considered and more are still considering, and this has made them to invest heavily in the cryptocurrency.
Now you know that Bitcoin has the highest market capitalization and a very high trading volume. Bitcoin did not get everything overnight. It started its journey in 2009 after it was mined for the first time, making it the first of all cryptocurrencies and a pace setter for other cryptocurrencies to follow. It became a standard for altcoins and became a way of life for some people. If you are not talking Bitcoin, you have not yet spoken about any cryptocurrency.
This book covers:
- What is Bitcoin?
- LEGAL
- Economy
- Transactions
- Mining
- And much more...
Furthermore, the market capitalization of Bitcoin being very high, makes it to be seen more as a better and obvious choice by prominent investors than any other cryptocurrencies existing out there.
The pandemic really caused a global decline on the economy of the world. Some countries that did not see the value or essence of the decentralized digital money, started seeing it and accepting it just to find a way to decrease the level at which they rely on the failing financial system.
Many economists started raising questions and we saw countries like China and even South Africa accepting cryptocurrency practically for everything and anywhere you are in the country and some started building Automated Teller Machines that could only that is built on the blockchain of cryptocurrencies.
Many investors have been shifting what they used to focus on to thinking crypto. Many investors have diversified into acquiring more and more digital assets as a way to reduce the risk of losing badly to the challenges that are surfacing.
So many people have actually criticized and spoken down on the cryptocurrency (Bitcoin). There are some billionaires that doubted the viability of Bitcoin (BTC) and some even said "it has no value". As at 2020, Bitcoin was still criticized. I am not ready to cite names of such people. So, if you are waiting for that, I am deeply sorry because I will have to disappoint you there.
But, if you are waiting to know what changed these rich investors' mind to now seeing that there is a saving grace embedded in the decentralized blockchain of the cryptocurrency (Bitcoin), then I will not disappoint not even a bit.
This book will guide you.
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