💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
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!