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Rachel Scheiner a3L5
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Rachel Scheiner a3L5
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See my returns and portfolio breakdown. Follow for investment tips 💰 What is Bitcoin (BTC)? Bitcoin is the world’s first and most popular cryptocurrency. It was created in 2009 by a mysterious person or group using the name Satoshi Nakamoto. Bitcoin is: Decentralized (not controlled by any government or bank) Digital (exists only online) Limited (only 21 million BTC will ever exist) ⚙️ How Does Bitcoin Work? Bitcoin runs on a technology called blockchain, which is like a public digital ledger. Here's how it works: People send and receive BTC (like digital cash) These transactions are verified by miners Verified transactions are added to the blockchain Miners are rewarded with new BTC for their work No middleman (like a bank) is involved. 📈 Why Is Bitcoin Valuable? Limited supply (scarcity = value) Global usage for payments or investment Store of value like digital gold High security and transparency 📉 Risks of Bitcoin: Price is very volatile Not accepted everywhere Can be affected by regulations Lost wallets = lost BTC (no recovery) 🧠 Current Uses of Bitcoin: Investment (people hold BTC to grow value) Trading (buy low, sell high) Payments (some businesses accept BTC) Remittances (sending money internationally)
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See my returns and portfolio breakdown. Follow for investment tips
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$BTC 💰 What is Bitcoin (BTC)? Bitcoin is the world’s first and most popular cryptocurrency. It was created in 2009 by a mysterious person or group using the name Satoshi Nakamoto. Bitcoin is: Decentralized (not controlled by any government or bank) Digital (exists only online) Limited (only 21 million BTC will ever exist) ⚙️ How Does Bitcoin Work? Bitcoin runs on a technology called blockchain, which is like a public digital ledger. Here's how it works: People send and receive BTC (like digital cash) These transactions are verified by miners Verified transactions are added to the blockchain Miners are rewarded with new BTC for their work No middleman (like a bank) is involved. 📈 Why Is Bitcoin Valuable? Limited supply (scarcity = value) Global usage for payments or investment Store of value like digital gold High security and transparency 📉 Risks of Bitcoin: Price is very volatile Not accepted everywhere Can be affected by regulations Lost wallets = lost BTC (no recovery) 🧠 Current Uses of Bitcoin: Investment (people hold BTC to grow value) Trading (buy low, sell high) Payments (some businesses accept BTC) Remittances (sending money internationally)
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**SHIBA INU (SHIB) may show bullish signals** when there is a rise in trading volume, positive news (like a major exchange listing), or strong whale accumulation. A breakout above key resistance levels, especially with a sustained uptrend in Bitcoin or Ethereum, often supports SHIB’s rally. Upcoming Shibarium updates, burn rate surges, or community-driven hype on platforms like X (Twitter) also act as triggers. Technical indicators like RSI crossing above 50 or MACD showing bullish crossover are strong signals. However, always confirm signals with broader market trends and avoid relying on one factor alone. Smart entry comes with patience and timing.
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#USNationalDebt 🌐 What is National Debt? National debt is the total amount of money a country owes to lenders. It builds up when a government spends more money than it earns and borrows to cover the gap. Governments borrow money from: International organizations (like IMF, World Bank) Foreign countries (like China, USA) Domestic sources (local banks, bonds bought by citizens) 📚 Types of National Debt: Domestic Debt – Borrowed from within the country. External Debt – Borrowed from foreign sources. ⚠️ Why Is National Debt a Concern? 1. Interest Payments Increase The more debt a country has, the more it pays in interest. This reduces money for education, health, or infrastructure. 2. Loss of Sovereignty Countries that borrow from the IMF or World Bank often have to follow strict economic policies (called “austerity measures”). 3. Currency Devaluation Too much debt can lead to inflation and weaken the local currency. 4. Risk of Default If the government can’t pay back loans on time, it can go into default — damaging the country’s international reputation. ✅ When Can Debt Be Good? If used wisely (like investing in roads, power, or education), debt can boost economic growth. But if used for corruption, subsidies, or luxury, it becomes a long-term burden. 🔄 Solutions to Control National Debt: Cut unnecessary spending Increase tax collection efficiently Boost exports to earn foreign exchange Promote foreign investment Strengthen local industries and reduce imports
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