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About Litecoin⠀
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Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.⠀
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The Bitcoin rate has been growing steadily since March 2019. In early April, it overcame the $ 5,000 mark, and in June its value exceeded $ 10,000 ⠀
Analysts associate a growing interest in Bitcoin with the Libra cryptocurrency project, which Facebook introduced. The launch of the project is scheduled for 2020. Libra will also support fiat currencies such as the dollar and the euro. Among its partners, Facebook has announced 27 major companies, including Visa, Mastercard, Paypal, Uber and others☝ ⠀
Despite the fact that direct official exchange gateways between these currencies are not expected, the mere existence of such a means of payment as Libra can significantly strengthen the crypto-economics❗️ ⠀
Some analysts believe that the demand for Bitcoin is growing against the backdrop of the escalating US economic war with China and growing market risks. Large US indices are falling, and the Chinese yuan is weakening, so investors in the US prefer to invest in gold, and in China - in bitcoins✔️
This the best chance for you to start investing in Bitcoin and make huge profits weekly. ⠀
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ABOUT BITCOIN ⠀
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Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. Powered by its users, it is a peer to peer payment network that requires no central authority to operate. On October 31st, 2008, an individual or group of individuals operating under the pseudonym "Satoshi Nakamoto" published the Bitcoin Whitepaper and described it as: "a purely peer-to-peer version of electronic cash, which would allow online payments to be sent directly from one party to another without going through a financial institution."⠀
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In the words of Prime Minister: "In addition to the financial effects, we see that blockchain has the potential to make various industries safer and efficient.
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Certain local venture companies are utilizing the sandbox system, and are striving to be the world´s first business model to enhance the liquidity of digital assets."
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Let's spread the good word about Crypto✌
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Cointelegraph
Source: Cointelegraph
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Sunday afternoon at the beach
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The cryptocurrency and #blockchain discussions never stop. I was able to give this young trader some insight
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Become a passive income earner with the leading way of making money through Crypto Mining.
If you want to learn more about the principles behind mining and how Bitcoin mining works send us a Message or WhatsApp link in bio
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