Bitcoin has become, in the collective consciousness, much more than just a cryptocurrency. Today, BTC is a symbol of the entire cryptocurrency market, as well as the most famous and desired cryptocurrency. It is worth emphasizing that although it may seem that Bitcoin is already an old cryptocurrency, the truth is that it is only about 12 years old. Where did Bitcoin come from and how does it work?
Bitcoin, or the concept of Satoshi Nakaomoto
Cryptocurrencies are not a new concept, however, all over 8,000 modern cryptocurrencies are derived from the former, i.e. Bitcoin. The Internet heard about Bitcoin for the first time in 2009. The concept of a virtual currency that is resistant to economic turmoil and is independent of the influence of governments and non-governmental institutions greatly electrified Internet users. The author of this innovative and very bold concept was a certain Satoshi Nakamoto. For a long time, attempts were made to track Nakamoto, but to this day it is not known whether it was one genius or a team of several talented enthusiasts. Bitcoin is based on block-chain technology, thanks to which transactions concluded with BTC are very safe.
Why Bitcoin is so much wanted and recognized
It is worth noting that Bitcoin has become a kind of symbol of the fight against the wall street system of the world economy for many people, which is why the governments of individual countries wanted so much to stop the expansion of cryptocurrencies. The basis of Bitcoin is its value, as the global amount of this most famous cryptocurrency is algorithmically limited. This means that the number of Bitcoins is finite and cannot be reprinted as is the case with the traditional economy.
Over the past few months, Bitcoin has broken through new psychological barriers, which shows the ever-growing popularity of this virtual money. Moreover, BTC is a great asset to store your savings in times of rampant inflation. Bitcoin will always be resistant to any kind of outside interference. More details and informations about Bitcoin You can find at gielda-kryptowaluty.pl website. They write a lot about first cryptocurrency Bitcoin and other projects.
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