Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Over the years, there has been much speculation as to […]
Guy Who Lost His Bitcoin Password
One of the biggest fears for anyone who owns Bitcoin is losing their password. If you lose your password, you lose your Bitcoin. Unfortunately, this is what happened to one guy who goes by the name of ‘John’. John had been using Bitcoin for a few years and had built up a nice little stash. […]
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The Guy Who Forgot His Bitcoin Password
If you’re like most people, you probably think of your bitcoin password as something you’ll never forget. But for one man, that wasn’t the case. In a recent interview, the guy who forgot his bitcoin password recounted his story. It all started in 2011, when he purchased 5,000 bitcoins for just $27. At the time, […]
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Rapper Who Stole Bitcoin
In January 2018, the rapper known as Tekashi 6ix9ine was accused of stealing $750,000 worth of Bitcoin from a former business partner. The business partner, who has not been named publicly, said that 6ix9ine had promised to help promote a cryptocurrency venture in exchange for the stolen Bitcoin. 6ix9ine has denied any involvement in the […]
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Kid Who Bought Bitcoin
In 2013, a kid bought $100 worth of Bitcoin and forgot about it. In 2017, that investment was worth over $1 million. Bitcoin is a digital currency that allows people to buy goods and services online without having to use traditional currencies like the US dollar or the Euro. Bitcoin is created through a process […]
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