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Even in times when the high volatility rate was responsible for plunges in its value, it was way ahead of the competition. From a simple concept, bitcoin evolved into one of the official payment methods in many establishments. Even so, you might not know much about why cryptocurrency is so popular at the moment. At the time of this writing, one ether cost $352 per unit, which is much cheaper than bitcoin. A beginner's guide to the world's most popular type of cryptocurrency, and tips for investing in it insider@insider.com (simon chandler) 12/10/2020 half of u.s.
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Released in 2009, bitcoin is still the most accepted, even though thousands of cryptocurrencies have since emerged. There are actually multiple reasons why cryptocurrency has become so relevant and you can explore seven of those reasons by reading the information below. Extremely stable the second reason as to why bitcoin is the most popular cryptocurrency is that it is extremely stable. Here's the reason behind the popularity of bitcoin: If you wanted to transfer just 0.00000001 bitcoins, you could, which makes the number of 21 million bitcoins pretty much arbitrary.
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Therefore, cryptocurrency is a secure digital encrypted token meant for monetary exchange.
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