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How does blockchain work: Everything there is to know
We hear the word "blockchain" everywhere. It is in finance, supply chains, gaming, and even art. But strip away the hype, the volatile prices of cryptocurrencies, and the confusing jargon, and what do you actually have?
At its core, blockchain is a system for recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. It is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
The "Chain" of "Blocks" Explained
To understand the mechanics, visualize the name itself. A blockchain collects information together in groups, known as blocks.
- Storage: Blocks hold sets of information. In Bitcoin's case, this is transaction data (Alice sent Bob 5 BTC).
- Capacity: Each block has a certain storage capacity. When filled, it is closed and linked to the previously filled block.
- The Chain: This linking of blocks forms a chain of data known as the blockchain.
The Fingerprint (The Hash)
What makes this secure? Each block contains a unique code called a hash. Think of a hash as a digital fingerprint. If anyone tries to alter a single transaction inside a block (e.g., changing "5 BTC" to "50 BTC"), the hash of that block changes completely.
Because the next block in the chain contains the hash of the previous block, changing one block breaks the entire chain. To hack a blockchain, you wouldn't just need to hack one computer; you would need to hack millions of computers simultaneously to alter the history on every copy of the ledger. This is what makes the technology immutable.
Decentralization: Removing the Middleman
The true magic of blockchain isn't just the data structure; it is decentralization.
In the traditional world (Web2), data is centralized. Your bank holds your transaction history. Facebook holds your social graph. If their servers go down or they decide to ban you, you are out of luck.
In a blockchain network, the ledger is distributed. It runs on a Peer-to-Peer (P2P) network of computers, called nodes. Every node has a copy of the entire blockchain. If one node goes down, the network keeps running. This creates a system that is resistant to censorship and has no single point of failure.
How Do They Agree? (Consensus Mechanisms)
If everyone has a copy of the ledger, how do we agree on what is true? If I say I have 10 Bitcoin, but you say I have 0, who is right?
This is solved by Consensus Mechanisms. These are the rules that the network uses to agree on the state of the ledger.
- Proof of Work (PoW): Used by Bitcoin. Miners use vast amounts of computing power to solve complex puzzles to validate transactions. It is incredibly secure but energy-intensive.
- Proof of Stake (PoS): Used by Ethereum. Validators "stake" (lock up) their own crypto as collateral to verify transactions. It is faster and more energy-efficient.
Beyond Money: Smart Contracts
While Bitcoin proved blockchain could work for money, Ethereum introduced Smart Contracts. These are self-executing contracts with the terms of the agreement directly written into code.
Imagine a vending machine. You don't need a clerk to facilitate the transaction. You put money in, and the machine automatically releases the soda. Smart contracts do this for complex finance: "IF the shipment arrives by Friday, THEN release the payment." This automation eliminates the need for lawyers, brokers, and escrow agents.
Conclusion
Blockchain is more than just the technology behind Bitcoin. It is a foundational shift in how we handle trust. By moving from centralized databases to decentralized ledgers, we are building an internet that is more transparent, secure, and open.
To experience this technology firsthand, you need a gateway that makes interacting with the blockchain simple and secure. Join BYDFi today to start trading and exploring the world of decentralized finance.
2026-01-16 · 19 days ago0 0192Is Your Company's Cash Obsolete? The Rise of the Bitcoin Treasury
How a Software Company Transformed $250 Million into a $76 Billion Bitcoin Empire – And What It Means for Your Business
It’s a story that reads more like a financial fairy tale than a corporate strategy. In the summer of 2020, as the global economy reeled and central banks unleashed torrents of newly printed money, the CEO of a decades-old business intelligence firm made a decision that would redefine its very existence. That company was MicroStrategy, and that decision was to bet its entire treasury on a then-controversial digital asset: Bitcoin.
What began as a $250 million gamble has since blossomed into a $76 billion empire, a holding so vast it now accounts for a staggering 3% of all Bitcoin that will ever exist. The company became so synonymous with this asset that it recently shed its old identity, rebranding simply as "Strategy Inc.," cementing its status as the world’s premier Bitcoin Treasury Company.
If you are a business leader, an entrepreneur, or simply someone concerned with preserving wealth, this is not a story to dismiss as a crypto-anomaly. It is a masterclass in modern treasury management, a proactive response to the silent erosion of fiat currency, and a potential blueprint for the future of corporate finance.
The Genesis of a Revolution: Why Cash is Trash
To understand the sheer audacity of this move, we must revisit the economic landscape of 2020. With governments worldwide deploying unprecedented fiscal stimulus to combat the pandemic's economic shock, a looming specter began to take shape: inflation. For decades, corporations had parked their excess cash in low-yield bonds or bank accounts, accepting minimal returns for the sake of security.
Michael Saylor, Strategy’s visionary chairman, saw this not as security, but as a slow-motion financial suicide. He famously declared cash is trash, arguing that holding dollars was a guaranteed way to lose purchasing power over time. He needed an asset with a finite supply, one that couldn't be devalued by any central authority. He found it in Bitcoin.
His initial purchase of 21,454 Bitcoin at an average price of around $11,654 was met with a mix of curiosity and derision from Wall Street. But Saylor wasn’t speculating; he was strategically repositioning his company’s core reserves for a new monetary era. He saw Bitcoin not as a volatile tech stock, but as "digital gold"—a hard, durable asset designed to hold its value over the long term while everything else softened.
The Flywheel Effect: Building an Unstoppable Momentum
The initial investment was just the first move in a grand, multi-year strategy. As Bitcoin’s price began its ascent, something remarkable happened. The value of Strategy’s Bitcoin holdings began to dramatically outpace the performance of its core software business. The market took notice, and the company’s stock price (MSTR) became a leveraged proxy for Bitcoin itself.
This created what some have called an "infinite money glitch. A rising stock price allowed Strategy to raise capital cheaply through convertible debt and equity offerings. It would then use this newly raised capital to buy more Bitcoin. Each new purchase would reinforce the narrative, potentially driving the stock higher, which in turn enabled further buying. It was a self-reinforcing flywheel of breathtaking efficiency.
This strategy accelerated into 2025. In the first quarter alone, the company raised billions, snapping up Bitcoin at an average price of $66,384 per coin and pushing its Bitcoin Yield target to a staggering $15 billion. The company’s profitability, once tethered to software sales, is now inextricably linked to the performance of its digital asset treasury. The recent rebrand to Strategy Inc. was the final, logical step—a declaration that this is no longer a side project, but the company's central, defining mission.
Beyond a Single Company: The Corporate Bitcoin Movement
While Strategy is the undisputed pioneer, it is far from alone. A quiet revolution is underway in boardrooms across the globe. As of late 2025, over 160 public companies have allocated a portion of their treasury to Bitcoin, representing a collective value of over $100 billion.
This movement is not confined to the tech sector. We see mining giants like Marathon Digital holding tens of thousands of Bitcoin as a primary reserve asset. We see iconic brands like Tesla maintaining a significant, long-term position. In Japan, a firm called Metaplanet has emerged as Asia’s answer to Strategy, aggressively accumulating Bitcoin as a hedge against the country's own economic challenges. Even companies like Trump Media have entered the fray, citing a desire to hedge against financial discrimination and currency devaluation.
This broadening adoption is a powerful signal. It demonstrates that the thesis of Bitcoin as a treasury reserve asset is resonating across industries and geographies. For a CEO in Europe watching the volatility of the Euro, or a business owner in a country with a history of hyperinflation, these early adopters provide a tangible, working model to emulate.
A Practical Framework for Your Treasury
The question, then, shifts from Why? to How? . How can a business responsibly and securely integrate Bitcoin into its treasury management? This is not about reckless speculation; it is about disciplined, strategic asset allocation.
The first principle is thoughtful diversification. While Bitcoin may form the core of a digital asset strategy, a prudent approach involves a mix of other assets. Many treasury managers allocate a portion to stablecoins, which are pegged to flat currencies like the US dollar, to maintain liquidity for operational expenses without constantly moving in and out of Bitcoin. A smaller allocation to other established digital assets like Ethereum can provide additional exposure to the growth of the broader digital economy.
Security is the non-negotiable foundation. Holding millions in digital assets requires a paradigm shift in security thinking. The days of storing significant sums on a single exchange are long gone. The professional standard involves using multi-signature wallets, which require several authorized keys to approve a transaction, effectively eliminating any single point of failure.
The vast majority of treasury assets should be held in "cold storage"—offline hardware wallets that are immune to online hacking attempts. Partnering with insured, institutional-grade custodians can provide an additional layer of security and peace of mind.
This entire operation must be built within a robust framework of liquidity and compliance. A business must ensure it can easily access its funds when needed, which requires relationships with reliable trading desks and exchanges for seamless conversion back to flat. Further
more, the regulatory landscape is evolving rapidly. Staying abreast of new accounting standards, tax implications, and regulations like Europe's MiCA framework is essential to operate with confidence and legality.
Finally, a mature treasury strategy involves active risk management. This goes beyond simply "HODLing." It can involve using financial derivatives like options contracts to hedge against short-term downside volatility. It means regularly stress-testing the portfolio against severe market downturns and having clear protocols for when to rebalance or adjust the strategy.
The Inevitable Question: Is This the Future of Your Treasury?
The journey of Strategy Inc. from a traditional software firm to a Bitcoin powerhouse is more than a spectacular success story. It is a case study that challenges the most fundamental assumptions about corporate finance, liquidity, and value preservation.
For a business sitting on a cash reserve, watching its purchasing power gradually diminish due to inflation, the traditional path no longer seems like the safe option. The strategic allocation to Bitcoin presents a compelling alternative—a chance to transform a static balance sheet into a dynamic engine for growth and preservation.
The decision to embark on this path is, of course, not without its risks. The volatility of Bitcoin is real, and the regulatory environment, while maturing, remains complex. It demands education, rigorous security protocols, and a long-term perspective that can weather short-term price swings.
Yet, for a growing number of companies worldwide, the greater risk is inaction. The risk is watching from the sidelines as a new monetary system is built, and realizing too late that the rules of the game have changed forever. The question is no longer whether Bitcoin has a role in corporate treasuries, but how long your business can afford to ignore it. The empire has been built. The blueprint is there for all to see. The only thing left to decide is whether you will use it.
2026-01-16 · 19 days ago0 0151Bitcoin Supply: Why It Is Lower Than 21 Million
Key Takeaways:
- The theoretical cap of 21 million Bitcoins will never actually be in circulation due to lost private keys.
- Experts estimate that between 3 to 6 million coins are permanently removed from the Bitcoin supply, effectively burning them.
- Institutional accumulation by ETFs and corporations is creating a supply shock on the remaining liquid coins.
Every crypto investor knows the magic number. The total Bitcoin supply is hard-capped at 21 million. It is the most fundamental rule of the protocol, ensuring that no central banker can ever inflate your savings away.
But here is the secret that most new investors miss: There will never actually be 21 million Bitcoins available to buy.
In 2026, the reality of the market is quite different from the code. Through accidents, deaths, and lost hard drives, a massive chunk of the supply has vanished into the digital void. When you adjust for these lost coins, Bitcoin is significantly scarcer than the charts suggest.
Where Did the Lost Coins Go?
In the early days of 2009 and 2010, Bitcoin was practically worthless. People mined thousands of coins on their laptops just for fun. They stored them on old hard drives, reformatted their computers, or threw them in landfills without a second thought.
Because there is no "Forgot Password" button on the blockchain, these coins are gone forever. They are technically still visible on the ledger, but they can never move because the private keys are destroyed.
This isn't a small rounding error. Analytics firms estimate that nearly 20% of the total Bitcoin supply hasn't moved in over a decade and is likely lost. That is roughly 3 to 4 million BTC that are effectively burned.
What About Satoshi’s Stash?
The biggest question mark hangs over the creator, Satoshi Nakamoto. Satoshi is estimated to hold nearly 1.1 million Bitcoin across various early wallets.
These coins have never been touched. Most analysts consider these coins to be out of circulation. If we assume Satoshi is gone or will never sell, the effective cap drops even further.
Instead of competing for 21 million coins, the world is actually fighting over a supply that might be closer to 14 or 15 million.
How Does This Impact the Price?
This reduced supply creates a massive multiplier effect on the price. Economics 101 tells us that price is determined by supply and demand.
We know the demand is skyrocketing. In 2026, we have Spot ETFs, nation-states, and corporations like MicroStrategy buying billions of dollars worth of BTC every month. But they are chasing a Bitcoin supply that is much smaller than they realize.
This is known as a "Supply Shock." When the available inventory on exchanges runs dry, the price doesn't just go up linearly; it goes parabolic. The scarcity is real, and it is more severe than the code suggests.
Is It Too Late to Accumulate?
With the supply shrinking, many worry they have missed the boat. But understanding the lost coins thesis should actually be bullish.
It means that owning even a fraction of a Bitcoin puts you in an even more exclusive club than you thought. You aren't just one in 21 million; you are one in perhaps 15 million. As time goes on, user error will inevitably claim more coins, making the remaining ones even more valuable.
Conclusion
The number 21 million is a theoretical ceiling, not a practical reality. The real Bitcoin supply is shrinking relative to the population. As institutions wake up to this mathematical reality, the rush to secure the remaining coins will only intensify.
Don't wait until the liquidity dries up completely. Register at BYDFi today to secure your slice of the limited supply on a platform built for the future of finance.
Frequently Asked Questions (FAQ)
Q: Can we recover lost Bitcoins?
A: No. Unless the original owner finds their private key or seed phrase, those coins are mathematically locked forever. Even quantum computers are decades away from potentially cracking them.Q: Will the Bitcoin supply cap ever change?
A: It is highly unlikely. Changing the 21 million cap would require a "Hard Fork" and the consensus of the entire network. Miners and nodes would almost certainly reject such a change.Q: How many Bitcoins are left to mine?
A: As of 2026, over 19.8 million Bitcoins have been mined. The remaining supply will be released slowly over the next century until the year 2140.2026-01-26 · 9 days ago0 0135What is a Public Ledger? The Core of Blockchain.
You hear the big words all the time: decentralization, immutability, transparency. They are the promises of blockchain technology. But have you ever stopped to ask how it all actually works? What is the core invention that makes it all possible?
The answer is surprisingly simple, and it's called the public ledger. If that sounds like a boring accounting term, I get it. But trust me, by the end of this guide, you'll understand why this "boring" ledger is one of the most exciting innovations of our time. Let's break it down.
Imagine a Shared Digital Notebook
The easiest way to understand a public ledger in blockchain is to imagine a special kind of digital notebook. This notebook has three magic rules:
- It's Public: Everyone in the network gets an identical copy of this notebook. You can see every single entry ever made. There are no secrets.
- It's Permanent: Once an entry is written in the notebook, it can never be erased or changed. It’s written in permanent, digital ink.
- It's Run by Everyone: There is no single "boss" in charge of the notebook. The community of users collectively verifies and agrees on every new entry, making it virtually impossible for one person to add a fake transaction.
That shared, public, permanent notebook is the public ledger. It's a record of every transaction that has ever occurred on the network.
The Bitcoin Public Ledger: A Real-World Example
This isn't just a theory; it's real. The Bitcoin public ledger, for example, is a complete history of every Bitcoin transaction since the very first one in 2009.
You can actually go and view it yourself using a tool called a "block explorer." You won't see names, but you can see the digital addresses and the amounts transferred. This radical transparency is what builds trust in the system.
Why This Matters to You
Okay, so it's a transparent notebook. So what? What is the cryptocurrency ledger's real value to an investor or trader?
This is where it gets interesting. The features of the public ledger directly create the value proposition of cryptocurrencies like Bitcoin:
- It Creates Trust Without a Middleman: You don't need to trust a bank or a government to verify a transaction because the public ledger is verified by thousands of participants. This "trustless" system is revolutionary.
- It Provides Unmatched Security: To change a transaction, a hacker wouldn't just need to alter your copy of the notebook; they'd have to simultaneously alter the copies of thousands of other users all over the world, which is practically impossible.
- It Guarantees Ownership: The ledger provides an undeniable, public proof of who owns what at any given time.
Your Gateway to This Technology
You don't need to be a computer scientist to interact with this technology. When you use a professional trading platform like BYDFi, you are using a secure and efficient gateway to buy and sell the very assets that are recorded on these powerful public ledgers.
You're not just buying a coin; you're buying a piece of a revolutionary system built on transparency and trust.
Want to own a piece of this new financial system? Find your opportunity and acquire top digital assets securely on the BYDFi spot market.
2026-01-16 · 19 days ago0 0388What was the worst performing cryptocurrency
Cryptocurrency continues to be a hot topic in 2025, but not every coin is a winner. While Bitcoin ended 2024 strong, many altcoins faced steep declines, earning the title of the worst cryptocurrency of the year. If you’re wondering what is the worst cryptocurrency or want to know the worst performing cryptocurrency to avoid, this article breaks down the biggest crypto losers of 2024 and what you should watch out for.
The Worst Cryptocurrency Names and Performers of 2024
The crypto market hit a total cap of $3.5 trillion at the start of 2025, showing overall growth. However, many altcoins struggled to keep up, with some losing over 50% of their value. These worst cryptocurrency names often share common problems: weak technology, poor management, and fierce competition.
Here are some of the worst-performing cryptocurrencies in 2024:
Arbitrum (ARB)
Arbitrum, once a promising Layer 2 scaling solution, suffered a massive 57.7% drop in 2024. Increased competition and scalability issues left it struggling to maintain investor confidence. Its failure to innovate quickly made it one of the worst cryptocurrencies last year.
Polygon (MATIC)
Polygon, another Layer 2 solution, fell by nearly 40%. Despite past success, it faced stiff competition and ongoing scalability problems. These challenges pushed Polygon into the worst performing cryptocurrency category for 2024.
Lido DAO (LDO)
Lido DAO, a decentralized staking platform, dropped 37.9% amid rising regulatory uncertainty and fierce competition in the staking sector. These factors made it one of the worst cryptocurrency names to hold last year.
Avalanche (AVAX)
Avalanche’s 23.7% decline was driven by a slowdown in developer activity and difficulties attracting decentralized apps (dApps). Despite its reputation, Avalanche became one of the worst performing cryptocurrencies in 2024.
Why These Cryptos Became the Worst Cryptocurrency
Several factors contributed to these coins’ poor performance:
- Increased competition: Newer, more efficient solutions stole market share.
- Scalability issues: Many struggled to handle growing user demand.
- Regulatory pressure: Uncertainty scared off investors, especially in DeFi and staking.
- Lack of innovation: Failure to adapt quickly led to loss of confidence.
The Worst States for Cryptocurrency Trading
If you’re trading in the U.S., be aware that states like New York and Texas have stricter crypto regulations. These can limit your access to certain coins or exchanges, making it harder to trade safely. Always check your state’s crypto laws before investing.
How to Avoid Investing in the Worst Cryptocurrency
- Use trusted platforms: Stick to exchanges like Binance, BYDFi, and OKX.
- Research thoroughly: Check coin fundamentals, team, and market history.
- Avoid hype: Don’t buy based on social media buzz or unverified tips.
- Diversify: Spread your investment across multiple assets to reduce risk.
- Stay updated: Follow crypto news and regulatory changes closely.
Final Thoughts
The worst cryptocurrency in 2024 shows how volatile and risky the crypto market can be. Even well-known projects can face sharp declines due to competition, regulation, and technical challenges. By understanding these risks and doing your homework, you can avoid falling into the trap of bad investments.
Ready to trade smarter? Check out BYDFi’s beginner tutorial and start your crypto journey with confidence.
2026-01-16 · 19 days ago0 0573Bitcoin vs. Ethereum ETFs: Which Crypto Investment is Right for You?
The approval of Spot Bitcoin and Ethereum ETFs in the United States marked the end of the "wild west" era of crypto. For the first time, Wall Street investors could gain exposure to digital assets using the same brokerage accounts they use to buy Apple stock or gold.
But for the average investor, the choice between a Bitcoin ETF and an Ethereum ETF isn't just about picking a ticker symbol. It represents a choice between two completely different asset classes.
While they are often grouped together as "crypto," Bitcoin and Ethereum serve fundamentally different roles in a portfolio. Understanding these nuances is key to deciding where to allocate your capital.
Bitcoin ETFs: The Digital Gold Play
Bitcoin is widely regarded as "sound money." Its value proposition relies on scarcity. There will only ever be 21 million Bitcoin.
Investing in a Bitcoin ETF is similar to investing in a Gold ETF. You aren't looking for dividends or cash flow; you are looking for a Store of Value.
- The Thesis: Investors buy Bitcoin ETFs as a hedge against inflation and currency debasement.
- The Volatility: While still volatile compared to stocks, Bitcoin is historically less volatile than Ethereum. It is the "safe haven" asset of the crypto world.
- Target Audience: Conservative investors looking to protect purchasing power over the long term.
Ethereum ETFs: The Technology Play
If Bitcoin is digital gold, Ethereum is digital oil. It is the fuel that powers the world's largest decentralized computer.
Investing in an Ethereum ETF is more akin to investing in a high-growth tech stock (like Nvidia or Google) than a commodity.
- The Thesis: You are betting on the growth of the Web3 ecosystem—DeFi, NFTs, Stablecoins, and Tokenization. As more applications are built on Ethereum, the demand for ETH to pay for transaction fees increases.
- The Volatility: Ethereum typically has a higher "beta" than Bitcoin. In a bull market, it often outperforms Bitcoin, but in a bear market, it tends to draw down harder.
The Missing Piece: The Staking Dilemma
There is one massive difference that specific to the current ETF structure: Staking Rewards.
If you buy Ethereum on a Spot exchange like BYDFi and stake it, you can earn a yield (denominated in ETH) essentially for free. However, due to regulatory complexities, current US Spot Ethereum ETFs do not pass these staking rewards on to investors.
This creates a distinct disadvantage for the ETF product. By holding the ETF instead of the real asset, you are effectively paying a management fee and missing out on ~3-4% annual yield. For Bitcoin, which is Proof-of-Work and has no yield, this opportunity cost does not exist.
Correlation and Diversification
Historically, Bitcoin and Ethereum are highly correlated; they tend to move in the same direction. However, the magnitude differs.
Many portfolio managers suggest a weighted approach. A common "crypto-native" split might be 70% Bitcoin (for stability) and 30% Ethereum (for growth potential).
It is also worth noting that while ETFs are convenient, they trade only during market hours (9:30 AM – 4:00 PM ET). Crypto markets never sleep. If a major news event breaks on a Sunday, ETF holders are stuck until Monday morning, while traders on dedicated crypto exchanges can react instantly.
Conclusion
Bitcoin ETFs offer a pristine, simple bet on monetary scarcity. Ethereum ETFs offer a bet on the future of the internet, albeit with the drawback of missing yield.
The best choice depends on your risk tolerance. Or, you can bypass the limitations of traditional finance entirely. Register at BYDFi today to trade both assets 24/7 and access yield opportunities that ETFs can't offer.
Frequently Asked Questions (FAQ)
Q: Do crypto ETFs pay dividends?
A: No. Current US Bitcoin and Ethereum ETFs do not pay dividends. Even though Ethereum generates staking yield on-chain, ETF issuers currently do not distribute this to holders.Q: Is it cheaper to buy the ETF or the real crypto?
A: Buying the real crypto on an exchange is often cheaper in the long run. ETFs charge an annual management fee (Expense Ratio). On an exchange, you pay a one-time trading fee and no ongoing management costs for holding.Q: Are my assets safe in an ETF?
A: Yes. ETF assets are held by regulated custodians (like Coinbase Custody or Fidelity), offering high security. However, you do not hold the private keys, meaning you cannot use the assets for on-chain activities.2026-01-08 · a month ago0 0165Bitcoin Starting Price in India: The Untold Story of Bitcoin’s Early Days
How I Discovered Bitcoin’s Humble Beginnings in India
When I first heard about Bitcoin, I was curious but skeptical. The idea of digital money seemed futuristic and risky. I asked myself, “What was the bitcoin starting price in India? How much did it cost back in 2009?” After some digging, I realized that understanding Bitcoin’s early price and history could help me grasp its incredible journey and potential. If you’re searching for “bitcoin starting price,” “bitcoin price starting price,” or specifically “bitcoin starting price in India 2009,” here’s a clear, user-friendly guide to help you understand where it all began.
What Was the Starting Price of Bitcoin Globally?
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto. In its infancy, Bitcoin had no official price because it wasn’t traded on any exchange. The first known price was in 2010 when someone famously bought two pizzas for 10,000 BTC — valuing Bitcoin at less than a cent per coin.
- Bitcoin starting price (general): Effectively zero in 2009, with the first price appearing in 2010 around $0.0008 to $0.08 per BTC.
- It took a few years before Bitcoin gained traction and started trading on exchanges.
Bitcoin Starting Price in India: What You Need to Know
India’s cryptocurrency market took time to develop due to regulatory uncertainties and limited access to global exchanges in the early days. Bitcoin’s price in India closely followed global trends but was influenced by currency exchange rates and local demand.
- In 2009, Bitcoin was virtually unknown in India, so there was no active market or official price.
- By 2013-2014, Bitcoin began trading on Indian platforms, with prices reflecting global rates adjusted for the Indian Rupee.
- Early adopters in India saw Bitcoin prices starting from just a few hundred rupees per coin as exchanges emerged.
Why Knowing Bitcoin’s Starting Price Matters
- Perspective: Understanding Bitcoin’s initial value helps you appreciate its growth and volatility.
- Investment Insight: Early investors took massive risks for potentially huge rewards.
- Market Evolution: India’s crypto market is growing rapidly, and knowing its roots can guide smarter decisions.
Key Takeaways About Bitcoin’s Price Journey
- Bitcoin had no official price in 2009; it was essentially worthless until traded in 2010.
- Indian Bitcoin prices followed global trends but were influenced by local currency and regulation.
- Early Bitcoin prices were fractions of a cent, making today’s values seem extraordinary.
- Learning Bitcoin’s history helps new investors understand the risks and rewards.
Closing Thought: Your Next Crypto Investment Could Be Inspired by History
Bitcoin’s journey from an obscure digital experiment to a global financial phenomenon is fascinating. Whether you’re a beginner or seasoned investor, knowing the bitcoin starting price in India and worldwide gives you context and confidence to explore the crypto space wisely.
Ready to learn more about trading strategies and crypto fundamentals? Check out BYDFi for expert guidance on navigating the world of digital assets.
2026-01-16 · 19 days ago0 0894Bitcoin Quantum Risk: Are Satoshi’s Coins Safe?
Key Takeaways:
- Quantum computers using Shor's Algorithm could theoretically derive private keys from public keys on the Bitcoin network.
- "Satoshi Era" wallets (2009-2010) are most vulnerable because their public keys are exposed on the blockchain.
- New technologies like Zero-Knowledge STARKs and post-quantum cryptography are being developed to upgrade Bitcoin's defenses.
Bitcoin quantum risk is the ultimate "end of days" scenario for cryptocurrency investors. For over a decade, skeptics have warned that a sufficiently powerful quantum computer could crack the Elliptic Curve Cryptography (ECC) that secures the blockchain. If this happened, a hacker could theoretically derive private keys from public keys and steal funds.
For a long time, this was science fiction. But as we move through 2026, advances in quantum computing by companies like Google and IBM are moving us closer to this reality. To understand if your assets are safe, you first need to understand the machinery that protects them and the new technology threatening to break it.
How Does Bitcoin’s Security Actually Work?
To understand the threat, we have to look at the lock on the door. The Bitcoin blockchain is essentially a public ledger of transactions. To prove you own the Bitcoin at a specific address, you use a digital signature generated by a "Private Key."
This system relies on a mathematical relationship between your Private Key (which you keep secret) and your Public Key (which is visible). In the current model, it is easy to generate a Public Key from a Private Key.
However, going backward—calculating the Private Key from the Public Key—is effectively impossible. It would take a classical supercomputer millions of years to solve the math. This one-way mathematical street is the foundation of all crypto security.
How Does Shor's Algorithm Change the Game?
The engine behind the Bitcoin quantum risk is a concept called Shor’s Algorithm. Invented by Peter Shor in 1994, it is a method designed specifically for quantum computers to find the prime factors of integers at incredible speeds.
Quantum computers use "qubits" which can exist in multiple states simultaneously. This allows them to shortcut the math. Shor’s Algorithm turns the "impossible" calculation of deriving a Private Key into a task that could take just a few hours. If a computer can run this algorithm effectively, it breaks the one-way street, allowing hackers to unlock wallets without the password.
What Is Post-Quantum Cryptography?
The industry is not sitting idle. Developers are actively working on Post-Quantum Cryptography. This term refers to a new class of cryptographic algorithms that are secure against both quantum and classical computers.
Unlike current encryption which relies on factoring large numbers (which quantum computers are good at), post-quantum algorithms rely on complex mathematical problems like "lattice-based cryptography." These are problems that even a quantum computer cannot solve efficiently. Implementing these algorithms would render the quantum threat useless.
What Are Zero-Knowledge STARKs?
One of the most promising post-quantum solutions involves Zero-Knowledge STARKs (Scalable Transparent Arguments of Knowledge).
A STARK is a type of cryptographic proof. It allows one party to prove to another that they know a secret (like a private key) without revealing the secret itself. Crucially, STARKs rely on "hash functions" rather than elliptic curves.
Hash functions are resistant to quantum attacks. Because STARKs use this quantum-safe math, they are considered one of the best upgrades for the Bitcoin network. The company BTQ recently launched a testnet called "Preon" to demonstrate how these proofs can secure transactions against quantum threats.
Why Are Old Bitcoins Vulnerable?
Despite these solutions, Bitcoin quantum risk remains high for one specific group: early adopters. In 2009 and 2010, Bitcoin used "Pay-to-Public-Key" (P2PK) addresses.
In these old wallets, the Public Key is recorded directly on the blockchain. Because the Public Key is exposed, a quantum computer could attack it immediately. This puts the massive stash of Bitcoin held by Satoshi Nakamoto at risk.
Modern wallets (P2PKH) are safer because they "hash" the public key. Since quantum computers cannot reverse a hash, modern users are safe as long as they don't reuse addresses.
Conclusion
Quantum computers are coming, but they are not the death of crypto. They are simply the next hurdle in the evolution of digital security. By transitioning to post-quantum standards like ZK-STARKs, the industry is building a shield that even the most powerful computers cannot break.
You don't need to understand quantum mechanics to be a successful investor; you just need to trust the right tools. Register at BYDFi today to trade Bitcoin on a secure, modern platform that stays ahead of the technological curve.
Frequently Asked Questions (FAQ)
Q: When will quantum computers be able to hack Bitcoin?
A: Experts estimate it could take another 10 to 30 years to build a quantum computer powerful enough to break Bitcoin’s encryption using Shor's Algorithm.Q: Are my Bitcoins on an exchange safe?
A: Yes. Exchanges use modern address formats and cold storage protocols that use hashing, making them resistant to current Bitcoin quantum risk.Q: What happens if I have an old 2010 wallet?
A: You should move your funds to a new, modern wallet immediately. Once you move the funds, they are protected by the new hashing standards.2026-01-26 · 9 days ago0 097Crypto Salaries: Bitcoin vs. Stablecoins Guide
Key Takeaways:
- Getting paid in Bitcoin offers high upside potential but comes with massive volatility risks for daily expenses.
- Stablecoins act as a safer alternative for payroll by combining the speed of crypto with the stability of fiat.
- New regulations in 2026 are pushing companies toward stablecoins to simplify tax compliance and accounting.
Crypto salaries were once considered a marketing stunt for tech CEOs and professional athletes. However in the current economic landscape of 2026 receiving part of your paycheck in digital assets has become a viable option for remote workers and freelancers globally. The appeal is obvious as it offers instant cross border payments and total control over your money.
But a major question remains for employees. Should you accept a volatile asset like Bitcoin or a pegged asset like USDC? The answer defines not just your potential wealth but your ability to pay your rent next month.
Can You Survive on Bitcoin Volatility?
The dream of crypto salaries usually involves Bitcoin. You imagine getting paid today and watching that paycheck double in value by next week. This works perfectly during a bull market.
The reality hits hard during a bear market. If your rent is three thousand dollars and Bitcoin drops twenty percent overnight you suddenly cannot pay your landlord. Living on a Bitcoin standard requires a massive cash buffer to smooth out these price swings.
Most financial advisors suggest that Bitcoin is excellent for savings but terrible for operating expenses. It creates a stressful scenario where you are constantly checking charts to see if you can afford groceries.
Why Are Stablecoins Taking Over Payroll?
This volatility problem is why stablecoins have become the dominant form of crypto salaries. Tokens pegged to the US Dollar like USDT or USDC offer the best of both worlds.
They move on the blockchain with the speed of an email but they hold their value like a dollar bill. For a remote worker in Argentina or the Philippines receiving USDC is often safer than holding their local inflating currency.
It also simplifies life for the employer. Companies do not want to hold volatile assets on their balance sheet. Paying in stablecoins allows them to budget accurately without worrying that their payroll liability will spike if the market rallies.
How Does Regulation Impact Your Paycheck?
Governments have finally caught up. In the past taking crypto salaries was a legal gray area. Now frameworks like MiCA in Europe and stablecoin bills in the US have clarified the rules.
Regulators generally favor stablecoins. They view them as "e-money" which fits neatly into existing labor laws. Bitcoin is often classified as a commodity or property which makes tax withholding a nightmare for HR departments.
This regulatory pressure is pushing the industry toward a standard. Most compliant crypto payroll companies now default to stablecoins for the base salary and offer Bitcoin only as a bonus or savings option.
H2: Is the Tax Complication Worth It?
You must consider the taxman. In many jurisdictions receiving crypto salaries triggers a taxable event immediately based on the fiat value at the time of receipt.
If you are paid in Bitcoin and it drops fifty percent you still owe taxes on the original higher amount. This trap has bankrupted people in previous cycles. Stablecoins eliminate this specific risk because their value does not fluctuate against the tax baseline.
Conclusion
The trend of crypto salaries is shifting from speculation to utility. The smart approach for most workers is a hybrid model. Take your base pay in stablecoins to cover your living costs and convert your savings into Bitcoin for long term growth.
You do not need your employer to set this up for you. You can do it yourself. Register at BYDFi today to easily convert your fiat paycheck into the digital assets of your choice.
Frequently Asked Questions (FAQ)
Q: Is it legal to get paid in crypto?
A: In most countries yes. As long as you report the income and pay the necessary income taxes governments allow crypto salaries.Q: Do I need a special bank account?
A: No you just need a crypto wallet. However you will need an off ramp (like an exchange) to convert your crypto back to fiat if you need to pay bills in cash.Q: Which stablecoin is best for salaries?
A: USDC and USDT are the industry standards due to their high liquidity and wide acceptance.2026-01-26 · 9 days ago0 075Bitcoin vs Gold vs Silver: The 2026 Scarcity Guide
Key Takeaways:
- Investors in 2026 are favoring Bitcoin over precious metals due to its mathematically verifiable scarcity.
- Gold supply is theoretically unlimited as mining technology improves, whereas Bitcoin has a hard cap.
- Silver is increasingly viewed as an industrial commodity rather than a monetary store of value.
The Bitcoin vs Gold debate has defined the financial landscape of the last decade. For centuries, yellow metal was the undisputed king of wealth preservation. It was heavy, shiny, and relatively rare.
But as we settle into 2026, the narrative is shifting fundamentally. A new generation of investors is beginning to realize that "relative rarity" is not the same thing as "absolute scarcity."
While gold and silver have served humanity well, they suffer from a fatal flaw in the digital age. They are physical elements that can be mined in greater quantities if the price rises high enough. Bitcoin changes the equation entirely by introducing a commodity that cannot be inflated, no matter how much demand increases.
Why Is Gold Losing Its Monetary Premium?
To understand the Bitcoin vs Gold shift, you have to look at supply elasticity. When the price of gold rises, mining companies invest in better equipment.
They dig deeper. They explore new continents. Theoretically, if the price went high enough, we could even mine asteroids. This means the supply of gold reacts to the price.
Bitcoin does not care about the price. Even if Bitcoin goes to $10 million per coin, the network will still only produce a specific, pre-programmed amount per block. This "inelastic supply" makes it the hardest asset humanity has ever discovered.
How Does Silver Fit Into the Picture?
Silver occupies a strange middle ground. In 2026, it is increasingly being "demonetized" in the eyes of institutional investors.
While it holds value, that value is driven by industry. Silver is essential for solar panels, batteries, and electronics. This makes it a commodity play, similar to copper or oil.
It lacks the monetary premium of its rivals. It is too heavy to transport easily and too abundant to serve as a high-stakes store of value. Investors looking for safety are bypassing silver and moving directly to the harder assets at the top of the food chain.
What Is the "Great Repricing" Event?
We are currently witnessing a generational transfer of wealth. Baby Boomers owned gold; Millennials and Gen Z own Bitcoin.
As trillions of dollars pass from the older generation to the younger generation, capital is flowing out of vaults and into cold storage. This flow is causing a repricing of scarcity.
The market is realizing that digital property rights are superior to physical property rights. You can cross a border with a billion dollars of Bitcoin in your head. Trying to do that with gold bars is impossible.
Can Bitcoin Replace Gold Completely?
The Bitcoin vs Gold battle does not necessarily end with one dying. Gold will likely remain a trusted asset for central banks and jewelry.
However, Bitcoin is eating its market share as a "financial" asset. In a digital world, an analog store of value feels outdated. The efficiency, speed, and divisibility of Bitcoin make it the superior technology for the modern economy.
Conclusion
The definition of safety has changed. In 2026, safety isn't a metal bar buried in the ground; it is a cryptographic code on a decentralized ledger. As the world wakes up to the reality of absolute scarcity, the premium on digital assets will likely continue to rise.
You don't have to choose just one. Register at BYDFi today to trade Bitcoin, Gold, and Silver derivatives all in one place, allowing you to hedge your portfolio against any economic future.
Frequently Asked Questions (FAQ)
Q: Is Bitcoin more volatile than gold?
A: Yes. Bitcoin is still a maturing asset and experiences higher price swings than gold. However, in the Bitcoin vs Gold comparison, Bitcoin has historically offered significantly higher long-term returns.Q: Can more gold be created?
A: We cannot "create" gold, but we can find more of it. There are massive untapped deposits in the ocean and in space that could increase supply in the future.Q: Why is silver called "poor man's gold"?
A: Silver is much cheaper per ounce than gold, making it accessible to smaller investors. However, it also tends to perform worse during economic crises compared to gold or Bitcoin.2026-01-26 · 9 days ago0 0177
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