Bitcoin is the first decentralized cryptocurrency
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On May 22, 2010, Laszlo Hanyecz, traded 10,000 BTCs for two pizzas.
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There is limited supply of Bitcoin.
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Bitcoin never exceed the the number of 21,000,000 coins.
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2,300,000 Bitcoin are left to be mined.
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And surprisingly, it may take about 120 years more to mine it completely.
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Bitcoin is actually secured using the SHA-256 algorithm.
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Crypto investors expect that by the start of 2023, Bitcoin will bounce back to
$38,000
.
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Commodity strategist of
Bloomberg
, Mike McGlone expects that price of Bitcoin could climb to $100,000 by 2025.
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