It was born exactly ten years ago, at the height of the 2008 financial crisis, and then analysts predicted that bitcoin would become the digital decentralized currency that will conquer the world. Ten years later, where exactly is the bitkoin located?
During the global economic crisis in 2008, the mysterious Satoshi Nakamoto invented a digital currency that was supposed to replace the classic currencies. It was decentralized by the banks that caused the crisis and thus deprived them of the absolute power of the financial markets.
On the present day 10 years ago, Nakamoto published a 9-page scientific paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in which he described the block system, the distributed files on which the new monetary system, now known as the crypto-currency, is based. For this reason Halloween can also be considered as a birthday of the bitkoin, the blockbuster, and generally the crypto-lavatory.
Bitcoin has been used only for a small group of “miners” for years in an even smaller bitumen community. It is well known that in the early years of this crypto-laver, a programmer separated as many as 10,000 bitcoins to pay pizza, which tells a lot about the change in the value of this currency, as well as the way it is used.
The days of greatest glory reached them in 2016 and 2017, when, driven by the high growth in the value of bitumen, almost everyone who followed the technology and finance news began to think about investing in crypto-currents.
The highest value reached a bitkin token was recorded in 2017 and amounted to just under $ 20,000. Since then, this value has begun to decline in the course of this year, and this has also reduced the interest in investing in bitkoins. However, the crypt community remains active and the presence of the block system is spreading beyond the market of cryptoavaluses. The price has stabilized at around $ 6,000-7,000 per token, while the total trading value of all “dug” bitcoins has so far been over $ 100 billion.
The true name and identity of the mysterious Satoshi Nakamoto are still unknown.