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From the beginning, it was a mystery. In 2008, someone using the alias Satoshi Nakamoto published a paper to a cryptography mailing list. It was called Bitcoin: A Peer-to-Peer Electronic Cash System.
Little did anyone know that, on paper, at its height, it would establish an entire market (the crypto market) valued at $800B. That’s more money than Coca Cola, McDonald’s, Ford, Caterpillar, Nike, Nintendo, and Goldman Sachs combined. You’d think the author would step forward at some point during Bitcoin’s meteoric rise. When his personal wealth surpassed $1B, you’d imagine somebody would uncover him, and when it reached an estimated $19.4B, you’d assume the IRS would come knocking.
But nobody has even been able to track down the mysterious Nakamoto. And that’s part of the appeal of Bitcoin. For those who don’t know, Bitcoin is like a digital dollar.
Britain's biggest bank has become the first to announce a ban on customers using credit cards to buy Bitcoin amid fears they could run up huge losses.
LitePay is the payment processor of Litecoin and it means businesses will be able to accept payment in Litecoin and the company’s Litecoin-exclusive debit card from anywhere in the world.
LitePay will allow businesses to accept Litecoin payments by instantly processing the payments that are settled directly with their banks.
The cryptocurrency is stored in a digital wallet where you can manage your Litecoin payments and activity and load the coins onto the LitePay Visa card.