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Overview: Bitcoin is a decentralized currency that uses peer-to-peer technology to operate with no central authority or banks. The cryptocurrency’s transactions are manage on the blockchain and are open to the public. While names of the parties participating in the transaction are not specifically named, it is said that transactions are possible to link to individuals over time. The crypto is an open-source network, meaning its design is public, nobody owns or controls the cryptocurrency. “Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.”
Max Supply: 21,000,000
Mineable: Yes
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Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
