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In February 2021, Tesla invested $1.5 billion in Bitcoin and announced that they would accept this cryptocurrency as payment for their vehicles.
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The largest transaction in Bitcoin's history occurred in May 2021 when 100,000 bitcoins (approximately $3.3 billion at the time) were moved for a fee of less than $0.70. #Bitcoin #sell
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Web3 is a concept that describes a new evolution of the Internet, aiming to create a more decentralized, open, and interactive network. In Web3, the focus is on technologies like blockchain, smart contracts, and cryptocurrencies that enable users not only to consume content or interact within the network but also to be more active participants in this network. One of the key aspects of Web3 is a shift in data management: instead of centralized servers where data is stored by a single organization or company, there's a move towards decentralized networks where data is distributed and governed by various participants. This opens up new possibilities for greater privacy, security, and control over one's own data for every user. It also creates a platform for new types of applications and services based on decentralized Internet architecture. #Web3 #Web3Wallet #Bitcoin #decentralized #open
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Bitcoins have no centralized governing body: all transactions occur through a decentralized network, making it independent of any governmental or financial institutions. #bank #decentralized #Finance #Bitcoin
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In 2010, a user bought two pizzas for 10,000 bitcoins, which is now considered one of the most expensive purchases in the world, as that amount of bitcoins now holds immense value. #Pizza_Day: #Bitcoin
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The number of bitcoins that can be mined is limited by a mathematical algorithm to 21 million units, making it a finite resource. #Bitcoin #Mining #cryptonews
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