BITCOIN

WaterCoinAcua
2 min readDec 13, 2021

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At number 1 we find Bitcoin,

This cryptocurrency ranks first in the digital currency market:

  • Considered the gold standard of digital coins: just as before, the gold standard for wealth was considered capable of talking about the wealth of a country. Well, in cryptocurrencies, bitcoin is considered the gold standard.
  • The first to use the blockchain is this open source technology that manages to prevent transactions within it from being spoofed. Thanks to this technology, we have greater control of our money or capital compared to financial institutions such as banks or other organizations.
  • It is said that only twenty-one million bitcoins will be created, will be mined: There are currently sixteen. More than 16 million Bitcoins are extracted, but if it is stipulated that only 21 million bitcoins will be created, it is also said that Bitcoin will replace currencies as strong as the dollar or the euro, or even the pound. pounds sterling, so it is likely that over the next few years or decades it will be more common to transact using this cryptocurrency.
  • The increase in its value has been more than 10,000 percent: at first, this digital currency cost pennies on the dollar, that is, practically nothing. It is currently costing over $10,000 and a few months ago it rose to almost $57,542.18.
  • Lightning Network: We are working on a technology inside Bitcoin, inside the Bitcoin blockchain, which is called the Lightning Network. I wanted to mention this because in that way they would speed up transactions and increase scalability on the Bitcoin blockchain. And that would make us much faster, more efficient and above all, less expensive to be able to do routine transactions, that you can access the blockchain and use it at very low cost. Even if you go buy a coffee and go buy a hamburger or something that has prices, very low prices. This is also a very interesting point that I didn’t want to exaggerate.

Let’s look at it here at the currency market value so that you understand how this page works and see the details we can find about Bitcoin on it. Very good, because I’m here on the Capital Markets page of the CoinMarketCap and let’s find out here that they exist. 18,887,387.00 cryptocurrencies. We have capital in a market of $1,085,209,255,386 million dollars, over three hundred and fifty-two billion dollars, and in the last 24 hours there is a volume of $38 billion dollars.

Bitcoin is dominating 41% of the market and, as we can see here in the ranking, we are number one with market capital.

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WaterCoinAcua
WaterCoinAcua

Written by WaterCoinAcua

WaterCoin the water cryptocurrency was created with the aim of bringing water treatment to needy communities.

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