Overview of Bitcoin History- How Did It All Start? Points To Note

Syed Reshma
2 min readAug 11, 2022

The world has not yet been able to accept the drastic shift from physical assets to virtual ones. Even if you are one of those brilliant minds to have invested in Bitcoins lately, you would not be able to hold on to them forever as the world demands physical assets more than virtual ones. There might be times when you would be in great need of money to get things you want, and that is when you might have to invest in bitbolt to get cash returns or other means of physical assets with which you can easily buy material things!

Related Post: The Complete Guide to Bitcoin and How It is Redefining the Future of Money and Payments

As society takes a step toward the digital world, there’s a scope of arising digital currency. It is a virtual currency, and we can use it in various jobs according to our needs. The best part of the software is that it is free of any central supervision or the oversight of banks or government. Bitcoin is the peer-to-peer Electronic Cash System.

Satoshi Nakamoto- The Known Inventor of Bitcoins

The creator of bitcoin remains a mystery to almost everyone. In 2008, a mysterious identity named Satoshi Nakamoto came up with the concept of Bitcoins. In the initial days, Bitcoin was regarded as peer-to-peer electronic cash. Since January 2009, people started to do the mining of Bitcoins. Shortly after, it was released to select members of an email list for cryptography enthusiasts.

No one knows whether it is one person or a group; no one has ever met them face to face and there are no known photographs of him/her/them (no one really knows). All we know is that he (or she or they) prefers to remain anonymous — for now at least. They have up until now kept their promise not to cash out their stash,…(more)

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Syed Reshma

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