In the latest discussion on the /r/Bitcoin forum, users are encouraged to utilize the daily thread for all general Bitcoin conversations. The forum moderators are requesting that posts better suited for the daily discussion thread be redirected accordingly. If a question goes unanswered, users are advised to rephrase it or try again the following day. It is also recommended to check the previous discussion thread for any lingering unanswered inquiries. This initiative aims to streamline communication and create a more organized platform for Bitcoin enthusiasts. For more information and to join the conversation, visit the /r/Bitcoin subreddit.
The Defi FunFacts:
- Bitcoin was created in 2009 by an unknown person or group of people using the name Satoshi Nakamoto.
- The total number of bitcoins that can ever be mined is capped at 21 million.
- Bitcoin transactions are irreversible, meaning once a transaction is confirmed, it cannot be reversed or cancelled.
- The first real-world transaction using Bitcoin was the purchase of two pizzas for 10,000 BTC in 2010.
- Bitcoin is decentralized, meaning there is no central authority controlling it.
- There are currently over 18.5 million bitcoins in circulation.
- The smallest unit of a bitcoin is called a satoshi, named after the cryptocurrency’s creator.
- Bitcoin has been used for various purposes, including online purchases, remittances, and even as a hedge against inflation.
- The price of bitcoin can be highly volatile, with significant price fluctuations within short periods of time.
- Bitcoin has sparked the creation of thousands of other cryptocurrencies, known as altcoins.
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