Launched in 2013, Telegram allows users to broadcast messages to a following via тАЬchannelsтАЭ, or create public and private groups that are simple for others to access. Users can also send and receive large data files, including text and zip files, directly via the app.The platform said it has more than 500m active users, and topped 1bn downloads in August, according to data from SensorTower.
Should I buy bitcoin?
тАЬTo the extent it is used I fear itтАЩs often for illicit finance. ItтАЩs an extremely inefficient way of conducting transactions, and the amount of energy thatтАЩs consumed in processing those transactions is staggering,тАЭ the former Fed chairwoman said. YellenтАЩs comments have been cited as a reason for bitcoinтАЩs recent losses. However, YellenтАЩs assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
