The Emergence of
#bitcoin and Its Life Cycle
• Bitcoin is a digital currency that works without banks or governments.
• It allows people to send money directly using the internet.
• Bitcoin was launched in 2009 and became the first successful
#cryptocurrency .
How Bitcoin Started
• In 2008 an unknown person or group called
#Satoshi Nakamoto introduced Bitcoin.
• The goal was to create money without banks or middlemen.
• The first Bitcoin block was created in January 2009 starting the network.
Core Ideas of Bitcoin
• Bitcoin is decentralized and controlled by its users.
• Only 21 million bitcoins will ever exist.
• All transactions are recorded on a public blockchain.
• Cryptography keeps the network secure.
Early Growth
• In the early years Bitcoin was used by programmers and students.
• In 2010 Bitcoin was used for its first real world purchase.
• Wallets exchanges and mining systems slowly developed.
Wider Adoption
• From 2013 to 2016 Bitcoin became more popular worldwide.
• Its price changed often attracting investors and traders.
• Governments started discussing cryptocurrency rules.
Bitcoin Today
• Bitcoin is the largest and most well known cryptocurrency.
• It is mainly used as a long term store of value.
• A global community maintains and supports the network.
Conclusion
• Bitcoin grew from a simple idea into a global digital asset.
• It continues to work without central control.
• Bitcoin remains an important part of the digital
#Finance ecosystem.
$BTC