Review on Bitcoin by Milos Manic
Bitcoin
When we hear about cryptocurrencies, the first thing that comes to mind is Bitcoin (BTC). BTC is the most famous cryptocurrency on the market.
Bitcoin was created in 2009 by an unknown person, or a group of people named Satoshi Nakamoto. The main goal of this project was independence from any government body. He wanted to create freedom.
At first, no one believed in Bitcoin and its power. You could have taken Bitcoins by watching commercials and the like, but that didn’t attract much attention. Whoever believed in Bitcoin then is a millionaire today.
Today, many companies such as PayPal and Visa have embraced Bitcoin.
There are two ways to get BTC:
1. Mining
2. Purchase
It is important to note that a limited number of Bitcoins can be created and it is 21 million.
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Pros
- Number one crypto coin in world
- It is more and more acceptable as a method of payment
Cons
- Current price drop
