Al Jazeera English published this video item, entitled “Bitcoin soars 15% after Tesla says will accept it as payment” – below is their description.
Bitcoin has hit a record price of more than $44,000 a unit after electric car giant Tesla said it would invest $1.5bn in the cryptocurrency.
Founder Elon Musk also said the car manufacturer would soon begin accepting payments in the digital currency.
And that its investment in bitcoin and other alternative assets may grow.
Al Jazeera’s Gabriel Elizondo has more from New York, the US.
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Al Jazeera English YouTube Channel
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In This Story: Cryptocurrency
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.
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Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as:
