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Learn more about Bitcoin: How to buy, Exploring Its Impact, Market Capitalization, and more
What is Bitcoin?

Bitcoin is a decentralized digital payment system and currently the most popular cryptocurrency in the world. Its history dates back to 2008 when the famous Bitcoin Whitepaper was published by an individual known by the pseudonym Satoshi Nakamoto. The goal was to create an anonymous and free digital currency independent of banks and governments.

In its early days, Bitcoin was mainly used by a niche group of geeks and computer enthusiasts. The first commercial transaction took place in 2010 when someone bought a pizza for 10,000 bitcoins, which was worth around $25 at that time. Today, the value of one bitcoin is measured in tens of thousands of dollars, and its total market capitalization - the combined value of all coins - is nearly $590 billion.

So, what makes Bitcoin so attractive that it managed to evolve from a peculiar and obscure phenomenon to the most popular cryptocurrency with such a massive market capitalization in a relatively short period?

The answer is simple. Firstly, it offers a new era of financial freedom and security. Bitcoin is a currency that can be used regardless of geographic location and political situation, without being tied to a bank and its limitations. Its functioning is based on blockchain technology - a distributed data organization system that enables a decentralized network, meaning it operates without any controlling authority. Additionally, the unique structure of the storage system in the form of an unbroken chain of blocks makes the data nearly impervious to fraudulent activities.

Secondly, as the dominant cryptocurrency in the market, Bitcoin is one of the most attractive investment assets today, particularly in the long term, due to its limited maximum supply (21 million) and the decreasing rate of mining over time.

Now, imagine being able to use Bitcoin in your everyday life. Many companies worldwide already accept cryptocurrency as payment for goods and services. It's a straightforward, convenient, and innovative method of conducting transactions, which could become the foundation of the future economy.

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How to buy
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Fast and secure way to purchase crypto with bank card & SEPA

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Where is the best place to buy Bitcoin?
Best place is Itez.com!
How is the price of Bitcoin determined?
Bitcoin's price is primarily affected by its supply, the market's demand for it, availability, competing cryptocurrencies, and investor sentiment.
How can I store my Bitcoin securely?
To securely store your Bitcoin, it is recommended to use a hardware wallet such as Ledger or Trezor. These wallets provide offline storage and advanced security features, ensuring the protection of your Bitcoin holdings.
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