What is Nostr?
BigBaddaBoosh
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2023-07-22 07:31:46

BigBaddaBoosh on Nostr: Here is a cheat sheet for 20 questions for when you are trying or orange pill someone ...

Here is a cheat sheet for 20 questions for when you are trying or orange pill someone with them realising!
#Bitcoin

1. Is the first and most well-known cryptocurrency introduced in 2009?
2. Was it introduced by an anonymous person using the pseudonym Satoshi Nakamoto?
3. Is it the most valuable and widely recognized digital currency?
4. Does it operate on a decentralized ledger called the blockchain?
5. Does it have a maximum supply of 21 million coins?
6. Do miners compete to solve puzzles to validate and add transactions to the blockchain?
7. Is the process of creating new units called mining?
8. Has it gained popularity for its potential as a store of value, similar to gold?
9. Is the smallest unit equal to one hundred millionth of a unit?
10. Is a public address used to send or receive transactions?
11. Is it often abbreviated as BTC?
12. Was the concept introduced in a whitepaper published in 2008?
13. Is the first-ever transaction involving it referred to as the “Pizza Day” transaction?
14. Is it known for its pseudonymous nature, as transaction details are recorded on the public ledger?
15. Is a cryptographic signature used to prove ownership of units?
16. Has it experienced significant price volatility over the years?
17. Does the block reward for miners get halved approximately every four years in an event known as the “halving”?
18. Is it possible for two different cryptocurrencies to combine and form a new one, a process known as a “fork”?
19. Is its symbol often represented by the letters “Ƀ” or “₿”?
20. Has it sparked debates and discussions about its impact on the future of finance and technology?
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