#bitcoin
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This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean.
The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background.
At that time 500 BTC worth $1. Today it is almost $12,000,000,000.
As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas. Bitcoin inheritance: an interview with a licensed attorney
We all know a simple truth: who owns the key, owns the cryptocurrency. But what if the owner of the key changes for various reasons? How to inherit crypto or divide it during divorce without breaking the law? How cryptocurrencies are seized in Ukraine?
The US Consumer Price Index (CPI), which measures the inflation rate, was released today. The index decreased by 0.6% over the month and now stands at 6.5%. We covered the CPI in detail in this article.
According to the release, the actual values correspond to the predicted figures. This means that inflation is sinking at the expected rate and investors are gradually returning to the market.
Bitcoin is up 3% today, hitting $18,000 for the first time since Dec. 14
Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states:
"MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws."
Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report. Why crypto is called a digital gold
Cryptocurrency may eventually become a good alternative to gold. These assets share a lot in common, and the differences only work in the cryptocurrency's favor. Additionally, millennials, who could form the foundation of the investment market, would never even consider buying gold.
A bitcoin miner with only 10 terahashes hardware capacity was able to get a new block by himself. The probability of such a jackpot with a similar hash rate is less than 0.00001%!
The miner's reward is 6.25 bitcoins per block, which is about $131,000 and many times than the old Asic costs.
However, if you feel an uncontrollable urge to run to AliExpress for energy-consuming equipment, remember that this example is a real miracle. 












