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Beginners' guide to bitcoins: things you should know

10

Bitcoin is Not Anonymous

Government agencies and hackers can track any form of data, even Bitcoin.

9

Bitcoin Ban

Some countries, including Bangladesh, Iceland, and Bolivia, have openly banned Bitcoin use.

8

Processing Power

Mining Bitcoin requires significant money, effort, and electricity due to the high cost of mining this cryptocurrency.

7

Losing Bitcoin

Losing your Bitcoin address means losing your unique identity and all of the bitcoins in your digital wallet.

6

Limited Amount

At the time of creation, there were 21 million bitcoins in existence.

5

Bitcoin is Used In Many Places

On the black market, Bitcoin is commonly utilized, but it is also used in several other everyday situations.

4

Creator Of Bitcoin

The most intriguing feature of Bitcoin is that no one knows who invented it.

3

Worth The Investment

Many researchers, financial professionals, and wealthy investors have advocated including Bitcoin in investment portfolios.

2

Bitcoin Faucet

There are several bitcoin faucets where you can earn money. It could be in the form of a website or an app.

1

Satoshi

Satoshi is the Bitcoin cryptocurrency's smallest unit.