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About Good Gensler(GENSLR)
The Historical Significance and Key Features of Cryptocurrencies
Cryptocurrencies have evolved rapidly within a decade, creating an immense impact on the global financial ecosystem. This digital asset, which utilizes cryptography to secure transactions, has presented new possibilities in the way we perceive and handle money. Its revolutionary features mark a significant departure from traditional financial systems.
Historical Significance of Cryptocurrencies
The inception of cryptocurrencies can be traced back to 2008 when a pseudonymous individual or group known as Satoshi Nakamoto published the Bitcoin white paper. The paper proposed a decentralized peer-to-peer electronic cash system that operates without a central bank or single administrator.
The idea was not to replace the traditional banking system but to provide an alternative for people who lacked faith in it, primarily due to the 2008 financial crisis. Bitcoin went live in 2009, marking a paradigm shift in finance, which equipped individuals with full control over their digital assets.
Key Features of Cryptocurrencies
Cryptocurrencies represent an inevitable step towards digital evolution. Here are some of the key features that set them apart:
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Decentralization: Unlike traditional monetary systems governed by central banks or financial institutions, cryptocurrencies operate on decentralized platforms.
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Pseudonymity: While transactions are transparent and traceable, the identities of the participants are pseudonymous, enhancing privacy and security elements.
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Security: Cryptocurrencies bank on cryptography to enable secure transactions. They leverage blockchain">blockchain technology, an immutable and tamper-evident distributed ledger, which ensures transactions are recorded securely and transparently.
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Permissionless: One of the most critical aspects of cryptocurrencies is that they are permissionless. This means anyone can participate in the network, without requiring approval from any authority.
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Limited Supply: Many cryptocurrencies, including Bitcoin, have a limited supply. This scarcity and predefined issuance rate create a deflationary environment, potentially increasing the value of the cryptocurrency over time.
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Portability: Cryptocurrencies offer immense portability. Unlike physical cash, large sums of cryptocurrency can be transported easily and quickly across borders or territories without detection.
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Divisibility: Cryptocurrencies are highly divisible. Bitcoin, for instance, can be divided into a 'Satoshi', where 1 Bitcoin = 100 million Satoshis. This high divisibility enables micro-transactions, which are not feasible with traditional fiat currencies.
The advent of cryptocurrencies has disrupted the financial landscape, offering a game-changing alternative to conventional monetary systems. With ongoing advancements and wider adoption, the influence of cryptocurrencies on global finance is set to become more substantial in the years to come.
GENSLR to local currency
Crypto calculator- 1 GENSLR to USD$0
- 1 GENSLR to JPY7.279304e-10
- 1 GENSLR to VND7.279304e-10
- 1 GENSLR to RUB7.279304e-10
- 1 GENSLR to EUR (Español)7.279304e-10
- 1 GENSLR to TRY7.279304e-10
- 1 GENSLR to EUR (Italiano)7.279304e-10
- 1 GENSLR to EUR (Français)7.279304e-10
- 1 GENSLR to EUR (Deutsch)7.279304e-10
- 1 GENSLR to CNY7.279304e-10
- 1 GENSLR to TWD7.279304e-10
- 1 GENSLR to EUR (Português)7.279304e-10
- 1 GENSLR to IDR7.279304e-10
- 1 GENSLR to THB7.279304e-10
- 1 GENSLR to PLN7.279304e-10
- 1 GENSLR to UAH7.279304e-10
- 1 GENSLR to UZS7.279304e-10
- 1 GENSLR to SAR7.279304e-10
- 1 GENSLR to PHP7.279304e-10
How to Buy Good Gensler(GENSLR)
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Trade GENSLR perpetual futures
After having successfully signed up on Bitget and purchased USDT or GENSLR tokens, you can start trading derivatives, including GENSLR futures and margin trading to increase your income.
The current price of GENSLR is $0.{9}7279, with a 24h price change of -0.00%. Traders can profit by either going long or short onGENSLR futures.
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Good Gensler Social Data
In the last 24 hours, the social media sentiment score for Good Gensler was 3, and the social media sentiment towards Good Gensler price trend was Bullish. The overall Good Gensler social media score was 0, which ranks 1815 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Good Gensler being mentioned with a frequency ratio of 0%, ranking 1815 among all cryptocurrencies.
In the last 24 hours, there were a total of 26 unique users discussing Good Gensler, with a total of Good Gensler mentions of 0. However, compared to the previous 24-hour period, the number of unique users decrease by 7%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 0 tweets mentioning Good Gensler in the last 24 hours. Among them, 0% are bullish on Good Gensler, 0% are bearish on Good Gensler, and 100% are neutral on Good Gensler.
On Reddit, there were 0 posts mentioning Good Gensler in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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