I discuss the rise of Bitcoin, a decentralized digital currency launched in Bitcoin enables electronic payments and global transfers without intermediaries or oversight, with transactions recorded on a public ledger called the blockchain. The system caps total Bitcoin at 21 million units, and users can mine new coins by solving complex puzzles. Bitcoin prices have fluctuated greatly since its inception, reaching over $117,000 per unit as of this episode. While virtual currencies spark innovative ideas, some have caused chaos while others greatly benefit humanity.
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