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What is the significance of the number 79 in the world of cryptocurrency?

avataritachi_zhmDec 26, 2021 · 3 years ago3 answers

In the world of cryptocurrency, why is the number 79 significant?

What is the significance of the number 79 in the world of cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The number 79 is significant in the world of cryptocurrency because it represents the atomic number of gold. Gold has long been considered a store of value and a safe haven asset. Similarly, in the cryptocurrency space, Bitcoin is often referred to as digital gold due to its scarcity and value. Therefore, the number 79 symbolizes the connection between traditional store of value assets like gold and the emerging digital store of value assets like Bitcoin.
  • avatarDec 26, 2021 · 3 years ago
    The significance of the number 79 in the world of cryptocurrency is related to the total supply of certain cryptocurrencies. Some cryptocurrencies have a fixed total supply, and the number 79 might represent the total number of coins or tokens available. This limited supply can create scarcity and potentially drive up the value of the cryptocurrency. Investors often pay attention to the total supply of a cryptocurrency when evaluating its potential for long-term value appreciation.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the significance of the number 79 in the world of cryptocurrency. It represents the atomic number of gold, which has historical significance as a store of value. Just like gold, cryptocurrencies like Bitcoin aim to be a store of value in the digital age. The number 79 serves as a reminder of the connection between traditional and digital assets, highlighting the potential of cryptocurrencies to revolutionize the financial industry.