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What Is The Future Of Bitcoin According To ChatGPT [OpenAI]
For the last couple of weeks, I’ve been listening to a lot about ChatGPT – https://openai.com/blog/chatgpt/. Finally, I tried ChatGPT for the first time with the following topic. Future Of Bitcoin Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer […]
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How To Earn Bitcoin (Satoshi) By Reading Articles, Playing Games and Listening to Podcasts?
How To Earn Bitcoin (Satoshi) By Reading Articles, Playing Games, and Listening to Podcasts? before coming to this question. Let’s first understand what Bitcoin is. According to Bitcoin Whitepaper, Bitcoin is a peer-to-peer electronic cash system. The anonymous creator of Bitcoin “Satoshi Nakamoto” launched Bitcoin on January 3rd, 2009, with the intention to create a […]
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World’s First Cryptocurrency – Bitcoin – Part 3
Due to the control given to few groups of people, fiat is a _____________ form of money. unfair centralized When the supply of a monetary good continues to be inflated, it is ________________. becoming less valuable Government fiat has a(n) ______________ supply. infinite What are some other traits in which fiat money falls behind? Verifiability Censorship-resistance […]
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World’s First Cryptocurrency – Bitcoin – Part 2
The exchange of goods and services prior to money is known as ___________. barter What is a monetary good? A good used for exchange, not for consumption What are some examples of an easy money? Shells Beads Fiat What do we look for when looking at the scarcity of a monetary good? A limited supply […]
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World’s First Cryptocurrency – Bitcoin – Part 1
What is the smallest unit of a Bitcoin called? (1/100,000,000) A sat, or satoshis Who is the pseudonymous creator of Bitcoin? Satoshi Nakamoto When was the Bitcoin network launched? January 3rd, 2009 What was Satoshi targeting through the creation of Bitcoin? Centralization Censorship Trust in 3rd parties What is the Bitcoin White Paper? Satoshi’s outline […]
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World’s First Cryptocurrency – Bitcoin – Part 4
Who is Satoshi Nakamoto? What happened on January 3rd, 2009? What primary flaws with fiat does Bitcoin solve? A _________ is _________ of a whole Bitcoin. What is the Bitcoin white paper? Prior to Bitcoin, central banks & government’s had complete control over the ___________ of money. Bitcoin’s “censorship resistance” means ____________________. Self-custody means _________________________. What were […]