🚨LATEST UPDATE: The stablecoin #RLUSD de #Ripple has received approval from both the New York Financial Services Authority (NYDFS) and the Dubai Financial Services Authority (DFSA).🌍✅🟠
🟠 May 22, 2010: A milestone in crypto history. On that day, Laszlo Hanyecz bought 2 pizzas for 10,000 BTC, marking the first commercial transaction with Bitcoin. Today, that BTC would be worth hundreds of millions of dollars. 🍕 Since then, #BitcoinPizzaDay reminds us of how far we've come. #Bitcoin #PizzaDay #CryptoHistory #HODL
🪙 Bitcoin Mining for Dummies: What is it and how does it work?
Imagine that the Bitcoin system is like a large digital ledger that needs to be constantly updated with new transactions. But before these transactions are recorded, someone needs to confirm that they are valid. That 'someone' is the Bitcoin miners.
🔧 What do miners do? Miners use powerful computers to solve complex mathematical problems. These problems do not have an 'intellectual' purpose; they simply require brute computational force. Whoever solves the problem first:
🧾 Adds a new block to the blockchain (the ledger).
💰 Receives a reward in bitcoins (currently 3.125 BTC, but it reduces every 4 years in the 'halving').
⚡ Why is it important? Mining: 🔐 Secures the Bitcoin network. ✅ Verifies all transactions. ⛏️ Issues new bitcoins in a controlled manner.
🤔 Can I mine from home? Nowadays, mining from home is no longer profitable with a normal computer. Most mining is done in large farms with specialized equipment called ASICs.
🟢 What if I don’t want to mine? You don’t need to mine to have bitcoins. You can simply buy them, but understanding how mining works helps you understand why Bitcoin is secure, decentralized, and scarce.
😎 Tether now owns 10.12% of soccer team Juventus, giving it voting rights. It's part of Tether's broader play in sports, media, and EU re-entry after #USDT was delisted by #Binance in the region.
Tether also holds 95,721 $BTC and is backing a $3B deal with SoftBank and Cantor.