Bitcoin has been in the news a lot in the past few months. The digital currency has its ups and downs, but it still has many fans. Still don’t understand what Bitcoin is all about? This infographic by Sum All might give you an idea:You may also want to see: Budget Guide for Every Income [ ]. Aug 22, · As this infographic shows, Bitcoin is currently valued at over $66 billion and the total valuation of all cryptocurrency has reached $ billion. This infographic puts Bitcoin and cryptocurrency in perspective against all money, stock markets, and . Oct 05, · Before Bitcoin came into existence no such concept was known to the world. Ever since its inception, Bitcoin is increasingly being used all over the world. From to , Bitcoin’s value multiplied by , times. But since Bitcoin prices are highly volatile, investing in Bitcoin is still considered a risky step.
Infographic l ch s bitcoinThe Entire History of Bitcoin in a Single Infographic
YES to all these things, but there is so much more behind the technology. I created this infographic for complete beginners just as a quick visual way to get an overview of what Bitcoin is. Hopefully this infographic is helpful to people new to Bitcoin and cryptocurrenices in general. Feel free to share with your friends too! Pingback: What Is Ethereum?
Most money these days exists in only the digital form, including US dollars where only a fraction of the US dollars in circulation are actually physical paper. By 'Stache on Thursday, August 17, Bitcoin Inforgraphic 1 file s The price of bitcoin skyrocketed into the thousands in Bitcoins can be used to buy merchandise anonymously.
In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Coinbase is a leading exchange, along with Bitstamp and Bitfinex. But security can be a concern: bitcoins worth tens of millions of dollars were stolen from Bitfinex when it was hacked in People can send bitcoins to each other using mobile apps or their computers.
This is how bitcoins are created. Connect with us. Related Topics:. Don't Miss New crypto leader in the crypto-backed loan market. Biraajmaan Tamuly. You may like. Click to comment.
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