Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. will replace the dollar, Jack Dorsey says in a tweet to rapper Cardi B.
Jack Dorsey, co-founder and exCEO de Twitter , and founder of the technology firm financial Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. (antes Square ) – who only has the word #bitcoin in his bio on the social network a network refers to all nodes in the operation of a blockchain at any given moment in time. – now gave a blunt response to a tweet from rapper Cardi B.
Cardi B asked on the social network if cryptocurrencies would replace the U.S. currency, the dollar. To which Dorsey responded: “Yes, Bitcoin will.”
Yes, Bitcoin will
— jack⚡️ (@jack) December 21, 2021
Media such as Coindesk y Utoday echoed his words, for being short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. but precise of what his position is. It is worth noting that Dorsey only named the main cryptocurrency, he did not refer to crypto in general.
As we have said, the former CEO of Twitter is a big supporter of cryptocurrencies and has expressed his support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for Bitcoin since at least 2018. In August, he tweeted that “ Bitcoin will unite a deeply divided country (and eventually: world).” In fact, also in August, he revealed that he himself was undermining Bitcoin .
Dorsey left the social media giant last month to focus on financial technology firm Block formerly known as Square . During his tenure as Twitter’s CEO, the platform a place to buy, sell and store cryptocurrency enabled the tipping of Bitcoin and promised to integrate NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. authentication. Parag Agrawal, Twitter’s new CEO, has been heavily involved in decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. projects at the company.
The rapper’s tweet was also responded to by the creator of Dogecoin, Billy Markus , who jokingly said that even Dogecoin was more stable than the dollar is today.
— Shibetoshi Nakamoto (@BillyM2k) December 21, 2021
Sources: Twitter, Coindesk , Utoday , archivo
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Illustration by Nicole Leon/ DiarioBitcoin