The Bitcoin network is a decentralized network of computers (nodes), that keeps track of bitcoin (BTC, the monetary unit). The Bitcoin network has no admin, no leader, no centralized point of control. Most nodes on the network run open-source code, most commonly bitcoin-core.
So when that article reports that Elon Musk (or anyone, for that matter) has purchased $X worth of bitcoin, they're talking about buying the monetary unit(s) that the network works to keep track of, not the network itself. It makes no real sense to say that "someone bought the network".
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments