When did Bitcoin come out (when did Bitcoin appear)

08/07/2023 06:33 • Blockchain Buzz • 96 views

When did Bitcoin come out

In 2013, Satoshi Nakamoto invented the concept of Bitcoin, which was later considered as a branch and technical foundation of the Internet; After 2014, Bitcoin gradually matured and entered the mainstream financial world; It only began to emerge after 2015 and continuously created new wealth codes despite the continued market heat In December 2017, a friend said, “I have read many articles about Bitcoin, but it’s all based on this reason.” At that time, the investor asked, “Why is this happening? It was because he felt that ‘this is not the real currency’, and now it seems that the term ‘digital gold’ is no longer valid. At the end of 2017, a person named Rothschild put forward the phrase ‘put money on the blockchain’. But in fact, Rothschild did not provide a specific explanation: “What if someone uses it to buy something or invest in its price?” However, Rothschild did not provide an answer. What is the value of Bitcoin? Can it become a payment tool, asset, or speculative transaction? How do we know this? “To this day, there are still some issues with Bitcoin. For example, as a Electronic cash system, Bitcoin is used in a way similar to the legal currency in bank accounts, and cannot be exchanged in dollars like other traditional Fiat money, so it is difficult to reach a feasible price However, it has been nearly 10 years since the birth of Bitcoin. According to current data, as of January 5, 2020, the market value of Bitcoin was around $300 million, which is still at a low level compared to Coinbase, the world’s largest cryptocurrency exchange; In the last three quarters of 2018, BTC increased by over 20%, with an increase of over 70% in 2018. In addition, since early June this year, Bitcoin has risen to a historical high of over $48000; As of the end of July, Bitcoin’s market value accounted for 55%; The market share of gold during the same period was 30%. At the end of the first quarter of 2018, Bitcoin’s overall network computing power surged, reaching a peak of over 20000 transactions per second and reaching a historic high. Although the Bitcoin mining industry generates a certain amount of handling fee revenue every year, the total revenue of the entire industry has been approximately 100 billion yuan since 2019. In the first half of 2019, the US stock market experienced the highest decline, second only to South Korea and Japan. In the second half of 2020, the turmoil in global capital markets led to central banks continuing to print money, leading to increased inflationary pressure When did Bitcoin appear? According to CCN, the earliest Bitcoin was born around 2009. The name comes from a point-to-point Electronic cash system invented by Satoshi Nakamoto, which is also one of the first digital currencies that can be traded, but it was discovered in March 2010 Since then, a lot of information about Bitcoin has been published and circulated in the market through various means, so now everyone knows what Bitcoin was and when it appeared. Why is this happening? Because at that time, people still didn’t know how it came about.

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When did Bitcoin come out (when did Bitcoin appear)

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