Elon Musk: We expect $100,000 per BTC. I am investing in Bitcoin. Conference with Tesla

Elon Musk: We expect $100,000 per BTC. I am investing in Bitcoin. Conference with Tesla thumbnail

Jeff Brown The Near Future Report

A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it

A cryptocurrency is digital currency or virtual currency that has been secured with cryptography. This makes it almost impossible to counterfeit and double-spend. Many cryptocurrencies are distributed networks that use blockchain technology, which is a distributed ledger that is enforced by many computers. The key feature of cryptocurrency is their inability to be issued by any central authority. This makes them theoretically impervious to government manipulation or interference.

Ethereum is a platform powered by blockchain technology that is best known for its native cryptocurrency–called Ether or ETH or simply Ethereum. Blockchain technology’s distributed nature makes Ethereum platform secure and allows ETH to gain value.

Ether is supported by the Ethereum platform, as well as a network decentralized apps (also known under the “dApps” moniker). The platform’s central components include smart contracts. These are the original creations of the Ethereum platform. Smart contracts are used in many decentralized finance (DeFi), and other applications that use blockchain technology.

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 bitcoin network without the need for intermediaries
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