Tuesday, August 17, 2021

Bitcoin, will be as evolutionary as the internet...

The internet is the world’s most popular computer network. It began as an academic research project in 1969, and became a global commercial network in the 1990s. Today it is used by more than 2 billion people around the world.

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.The history of bitcoin started with the invention and was implemented by the presumed pseudonymous Satoshi Nakamoto, who integrated many existing ideas from the cypherpunk community. Over the course of bitcoin's history, it has undergone rapid growth to become a significant currency both on- and offline. From the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

Jump ahead to....

2021

In June 2021, the largest bitcoin event in history took place in Miami, attracting approximately 15,000 bitcoin enthusiasts.

On 1 June 2021, El Salvador President, Nayib Bukele announced his plans to adopt bitcoin as legal tender, this would render El Salvador the world's first country to do so.

On 8 June 2021, at the initiative of the president, pro-government deputies in the Legislative Assembly of El Salvador voted legislation—Ley Bitcoin or the Bitcoin Law—to make Bitcoin legal tender in the country alongside the US Dollar.

I believe by the year 2030 crypto will be as big as the internet as it is getting much more usefull and watching this develop is amazing,it wasnt that long ago the internet was just a thought that public didnt believe in...

This goes for all crypto i just used bitcoin as an example.


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