{"id":2055,"date":"2021-05-20T14:00:13","date_gmt":"2021-05-20T13:00:13","guid":{"rendered":"https:\/\/vtpass.com\/blog\/?p=2055"},"modified":"2021-09-06T15:53:32","modified_gmt":"2021-09-06T14:53:32","slug":"bitcoin-navigating-the-dip","status":"publish","type":"post","link":"https:\/\/vtpass.com\/blog\/index.php\/2021\/05\/20\/bitcoin-navigating-the-dip\/","title":{"rendered":"Bitcoin: Navigating The Dip"},"content":{"rendered":"\n
A person or group of people operating under the name Satoshi Nakamoto launched Bitcoin in 2009. A worldwide army of enthusiasts swiftly adopted the cryptocurrency. It currently has user dashboards looking like the silhouette challenge however.<\/p>\n\n\n\n
Bitcoin is a digital currency which has no ties to any bank or government. Bitcoins are basically lines of computer code that are digitally signed each time they are transferred from one owner to the next.<\/p>\n\n\n\n
Users create the coins, “mining” them by lending computing power to verify other users’ transactions. For that, they receive Bitcoins in exchange. The coins however have monetary value. They can be bought and sold on exchanges with U.S. dollars and other currencies.<\/p>\n\n\n\n