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| Name | HOW BITCOIN HELPED MicroStrategy from BANKRUPT 🔥 #BTC #bitcoin #michaelsaylor |
| Video Uploader | Video From OKBitcoin69 |
| Upload Date | This Video Uploaded At 02-07-2024 07:00:06 |
| Video Discription | In this video, Michael Saylor will tell the story behind how Bitcoin saved him and his company MicroStrategy from shutdown. We explore how Saylor's bold decision to invest in Bitcoin not only saved his company from financial ruin but also turned it into a profitable enterprise. "Bitcoin, introduced in 2009 by an anonymous person or group known as Satoshi Nakamoto, revolutionized the financial world as the first decentralized digital currency. Operating on a technology called blockchain, Bitcoin enables peer-to-peer transactions without the need for intermediaries like banks. Transactions are recorded transparently on a public ledger, accessible to anyone, and verified by a network of computers using cryptography. This ensures security and prevents fraud. Unlike traditional currencies issued by governments (known as fiat currencies), Bitcoin isn't controlled by any central authority, making it resistant to censorship and manipulation. Its scarcity is ensured by a predetermined algorithm, which limits the total number of bitcoins that can ever be created to 21 million. This scarcity, combined with growing adoption as a store of value and medium of exchange, has led to significant fluctuations in its price over the years, attracting both investors and critics. Bitcoin's underlying blockchain technology has also inspired the creation of thousands of other cryptocurrencies, each with unique features and purposes. Despite its volatility and regulatory challenges, Bitcoin continues to influence discussions about the future of money and decentralized finance, making it a pivotal concept in the digital age." #Bitcoin #btc #btcusd #Cryptocurrency #Blockchain #Crypto #DigitalCurrency #BitcoinExplained #Decentralization #Finance #Investing #FutureOfMoney #btcnews #btctrading #btcryptoinprice |
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