Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
Understanding so many principles yet still not living this life well,
It is because the threshold for understanding the principles of life is very low,
However, it's difficult to do it according to reason.
In simple terms, Bitcoin is a type of network virtual money, which is different from the Renminbi or US dollars we use in our daily lives. It has no physical form and only exists in the online world. You can think of it as a special digital asset, similar to rare items you own in a game; however, Bitcoin can be exchanged for the currency of most countries in the real world and can also be used to purchase certain items.
Bitcoin was created in 2009 by a person (or organization) using the pseudonym Satoshi Nakamoto. At that time, the global economy was quite unstable, and people had some concerns about traditional currency and financial systems. Satoshi Nakamoto wanted to create a completely new currency that would not be controlled by traditional financial institutions like governments or banks, allowing people to trade more freely. And thus, Bitcoin was born!