The cryptocurrency market is largely in the red today as leading coins like Bitcoin and Ethereum are both down several percentage points in value over the last 24 hours. With bitcoin already down ~15% from its all-time high, Elon Musk8217s tweet why is bitcoin down right now: announcing Tesla would stop accepting bitcoin for purchases helped send the cryptocurrency down https://tysoncret754208.glifeblog.com/12189826/newest-crypto-coin, more than 50% from the top, dipping into the $30,000 price area. It's also worth noting that the stock market overall is down today and cryptocurrencies typically fall when the market is down. So that move could be part of the reason Bitcoin, Ethereum, and Dogecoin are down today. Community Lead at Decrypt PubDAO/ Advisor @ Akoin / Obsessed with decentralized economies and blockchain as a whole: reza@decryptmedia.com

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Bitcoin was unveiled in 2008 as an open-source software project intended to be an electronic form of physical cash without gatekeepers. Anybody could download the software, become a "node" on the network, and "mine" http://andregvjy976420.bloginder.com/14301344/how-much-is-1-eth, for bitcoin. Strike, a mobile payments app set up in El Salvador, is working on the introduction of Bitcoin in the country, Reuters reports. *8.4.3 https://rylanncqf109753.like-blogs.com/10903888/cryptocurrency-machine-near-me Rising market penetration in developing economies Bitcoin operates on a blockchain based decentralized ledger which is controlled by several nodes and servers operated by users around the world. New Bitcoins are created through a process called mining which involves the use of specialized computers used to solve mathematical puzzles and approving transactions in the network. The president of El Salvador, Nayib Bukele, announced in November 2021 that the volcano will become home to a glittering new Bitcoin City. A vast construction project to remodel virgin forest into a vibrant metropolis could soon be underway.