Price of bitcoin now in dollars
How Much Is Bitcoin Today?
The simple answer to this question is “because it was designed that way.” Well, but why can’t this limit be extended? Among other things, BTC’s finite supply acts as a deflationary measure and is one of the reasons why Bitcoin’s price is as high as it is. As for why this exact figure was chosen, there are a few theories about it. One states that it’s because the total value of all physical money in the world when BTC was developed was equal to $21 trillion. As a result, if Bitcoin had been then to completely replace fiat, 1 BTC would have been worth $1M, and one satoshi — $0.01. Bitcoin dollar value While it is spent online, Bitcoin is essentially like a form of cash in this regard – the person in possession of the funds is effectively the owner, and if the private keys which authorize spending are stolen, there is little recourse. While one can often track the movement of stolen funds on the blockchain, it’s impossible to reverse the transaction, making Bitcoin holdings a popular target for cybercriminals.
Bitcoin price today in usd
BTC/USD - Bitcoin US Dollar
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