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Characteristics of Bitcoin


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Bitcoin is pretty unique compared to traditional money. First off, it doesn't need a big-shot government or bank to run the show – it operates on this decentralized network called blockchain, making it kinda like the rebel of currencies. And get this, there's only gonna be 21 million BTC/USD ever, giving it this gold-like scarcity vibe. When you make a Bitcoin transaction, it's all written down on this public record called the blockchain, so everyone can see it. But here's the cool part – your identity is kinda hidden behind these pseudonymous addresses, giving you some privacy. But, there's a catch; because the blockchain is transparent, your transactions can still be traced. Also, once you hit that send button, there's no going back – Bitcoin transactions are one-way streets, making it super secure against fraud. So, all in all, Bitcoin's got this wild mix of rebellious independence, scarcity, transparency, and security that makes it stand out in the world of money.

For bitcoin's price: https://goonus.io/markets/BTC_USD/

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