#BitcoinDunyamiz what's going on friends | Ikhlaque-Ahmed on Binance Square

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$BTC Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a decentralized peer-to-peer network using blockchain technology, which ensures transparency and security without a central authority. Bitcoin is often viewed as digital gold due to its limited supply of 21 million coins and its use as a store of value. It can be used for transactions, though scalability and volatility remain concerns. BTC has influenced the rise of thousands of other cryptocurrencies and continues to shape the future of finance and decentralized systems.

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#SaylorBTCPurchase In April 2024, Michael Saylor, Executive Chairman of MicroStrategy, announced another significant Bitcoin purchase, reinforcing his unwavering support for the cryptocurrency. The company acquired an additional 122 BTC for approximately $7.8 million, using excess cash. This move aligns with MicroStrategy's long-term strategy of adopting Bitcoin as its primary treasury reserve asset. With this purchase, the firm now holds over 214,000 BTC, making it the largest corporate holder globally. Saylor continues to advocate for Bitcoin as digital gold, emphasizing its potential as a hedge against inflation and store of value. His consistent acquisitions highlight strong institutional confidence in Bitcoin’s future.

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#DigitalAssetBill The #DigitalAssetBill aims to establish a clear legal framework for the regulation, taxation, and oversight of digital assets such as cryptocurrencies, NFTs, and blockchain-based tokens. It seeks to protect investors, prevent fraud, and promote innovation by defining asset classifications and assigning regulatory responsibilities to relevant authorities. The bill mandates transparency from crypto platforms, including KYC and AML compliance, while introducing provisions for digital asset taxation. It also encourages responsible development of blockchain technologies. By setting standardized rules, the #DigitalAssetBill aspires to foster growth in the digital economy while safeguarding national financial stability and consumer interests.

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$USDC USDC (USD Coin) is a stablecoin—a type of cryptocurrency designed to maintain a stable value—pegged 1:1 to the U.S. dollar. Developed by Circle and Coinbase under the Centre Consortium, USDC offers the benefits of digital assets while minimizing price volatility. It runs on various blockchain platforms like Ethereum, Solana, and Avalanche, making it widely usable in decentralized finance (DeFi), remittances, and online payments. Each USDC token is backed by a corresponding U.S. dollar held in reserve, verified through regular audits. This transparency and stability make USDC a popular choice for users seeking reliability in the crypto space.

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#StablecoinPayments #StablecoinPayments offer a fast, low-cost, and borderless method for transferring funds using blockchain-based digital currencies pegged to stable assets like the US dollar. These payments reduce volatility common with cryptocurrencies, ensuring price stability for both consumers and merchants. Businesses benefit from faster settlements, fewer intermediaries, and enhanced transparency. Cross-border transactions become seamless, eliminating delays and high fees typical of traditional banking systems. Popular stablecoins like USDT, USDC, and DAI enable reliable and efficient global commerce. As adoption grows, #StablecoinPayments could revolutionize digital finance by providing a more inclusive and efficient financial ecosystem.

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