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The Things That Started It All In Cryptocurrency: Bitcoin!

One way or another, you may have already encountered Bitcoin. It is the most widely accepted payment system and medium of exchange in the online realm. However, you cannot just imagine it as a digital version of your money ont he Internet. Bitcoin is a lot more than that, and if you read more information here in Crypto Hunt Game, you will know how important this cryptocurrency is.

First of all, Bitcoin is a consensus network that enables a new payment system and a brand new digital money. It can be considered as the pioneer in cryptocurrency because Bitcoin is the first decentralized peer-to-peer payment network, all thanks to the Bitcoin users themselves. However, take note that these users have no middlemen status or no central authority when it comes to accepting money.

To make things simpler for you to understand, Bitcoin is like a digitized cash that you can use to transact on the Internet. Bitcoin can be traced all the way back to 2010, when it was first developed and designed. In 2010, one bitcoin is equivalent to 1 US Dollar or 0.76 Euros. At this point, bitcoin has finally reached an all-time record equivalent of USD $ 7,400 or £5,663.55. Take note, this figure is real as of November 2018. It is possible that one bitcoin has larger amount in dollars as of writing. With this kind of development, it is not hard to imagine why so many people are getting attracted to investing in cryptocurrency.