Innovatology will explain during this week's episode the popularity of Bitcoin.
Bitcoin was the first cryptocurrency introduced, created by the pseudonymous Satoshi Nakamoto in 2009, and is spotlighted for its revolutionary aim to facilitate online transactions without intermediaries. Its success is attributed to its decentralized nature and its potential as a digital gold to hedge against market volatility. However, as with any other type of investment, there are risks involved, such as price volatility and potential loss due to security breaches or lost access.
Hence it's important to know the basics behind the generation of new bitcoins as well as the supply and demand forces on the cryptocurrency exchange market. We encourage those interested to further explore Bitcoin, with a caution to understand the risks before investing.
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