12.3K @digitalgoldbc Episode 6: If‑What‑If Series 🔥
【Bitcoin Quiz version】
Bitcoin and coffee together total ¥300,000
Bitcoin is ¥280,000 more expensive than coffee
What is the price of coffee?
A：¥5,000
B：¥10,000
C：¥50,000
D：¥75,000
Anyone who knows the answer, reply me 👀
The correct answer will be announced in the next post!
#Bitcoin $BTC https://t.co/UOSfUurBvY
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3.2K @MR_DY0R_Of_Web3 3.2K @MR_DY0R_Of_Web3 Today's Buzz Word is WRAPPED TOKENS
I believe you've probably heard terms like:
• WBTC
• WETH and
• wSOL at least once or twice when interacting with NFTs or Liquidity Pools
But what exactly does the "W" stand for?
It means Wrapped (but Not the Spotify wrapped though or the boxers and singlets your girlfriend wrapped for you as your birthday present)
No,
A Wrapped Token is a token that represents another asset on a different blockchain or in a different token standard.
Just think of it as a digital representation of an original asset.
So Imagine you deposit $100 into a casino.
The casino doesn't let you gamble with real cash.
Instead, they give you 100 casino chips
Now, The chips aren't the real money, they simply represent it
So when you're done playing, you exchange the chips back for your cash
That's exactly how wrapped tokens work.
And below are some examples of WRAPPED TOKENS
- WBTC (Wrapped Bitcoin)
The Real Bitcoin is locked somewhere and WBTC is issued on Ethereum and repres
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708.0K @MartiniGuyYT Bitcoin is sitting right where it needs to make a decision.
We've now reclaimed $64,000, but price still hasn't managed to put any real distance between itself and that level.
That's what I'm watching.
If buyers can keep defending this area, I think $65,700 becomes the next logical level to test.
But if we start losing momentum here, there's a good chance Bitcoin rotates back into the range and $61,000 comes back into focus.
Right now, it's less about predicting the next move.
It's about seeing whether buyers can prove this breakout is real.
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
