Bitcoin was created by Satoshi Nakamoto in 2008 and officially launched on January 3, 2009 with the "genesis block" of 50 coins.
The bitcoin was the first cryptocurrency that will be launched to the market.Designed by Satoshi Nakamoto in 2008, the digital currency promoting an ideal libertarian and was looking to put in a check to the traditional monetary and financial institutions after the global financial crisis that was experienced this year.
thebitcoin (BTC)use cryptography to ensure that their operations are not regulated by any banking institution or agency, which in turn has put the coin in the middle of a debate about its volatility, since it does not require a third partyhas been pointed out to facilitate illegal activities such as fraud.
It was the 3rd of January, 2009, when the bitcoin finally entered operationswith a lot of 50 coins known as “the block genesis”, undermined by theSatoshi Nakamoto.According to the official registry,there are currently 19.19 M bitcoins in circulation.
Although this cryptocurrency was not worth almost nothing when you started, it did not take long to reach the barrier of $1,000 and began to capture the attention of financial institutions; however, a hacking platform MtGox, which were exchanged up to 80% of the units in circulation,caused a collapse in its value.
The bitcoin you have come to be worth up to 68789.63 dollars, also influenced by comments of people like Elon Musk, which has become the most important cryptocurrency despite the fact that organizations like the World Bank, the International Monetary Fund (IMF) and the inter-American Development Bank (IDB) do not see this as an alternative.
Despite the skepticism, there are those who have opted for the bitcoin: El Salvador became the first country to adopt this cryptocurrency as legal currency on the 9th of June of 2021 and Honduras Prosperous, an autonomous special zone of central america, has also done the same.
Bitcoin cryptocurrency price
- Time: 1:00 p. m. (UTC time)
- Cost : 20601.47 dollars
- Change in the last 24 hours: 6.71%
- Change in the last hour : -0.26%
- Popularity by capitalization : #1
The results of bitcoin in El Salvador
In August of 2021 El Salvador made historyby becoming the first country in the world to adoptbitcoinace tolegal currency, however, within a year of its implementation, it has not brought large profits nor has it been well received by the citizens.
A national representative survey indicates that 20% of Salvadoran households use Goat Wallet to operate bitcoin cryptocurrencies; Of those, only 20% of commercial business owners accepted bitcoin as a payment method.
In this context, it stands out that the government of Nayib Bukele you have spent more than 100 million dollars in the purchase of these digital assets , which are now worth less than 50 million dollars due to the variation that has been presented.
When Bukele announced that The Savior would adopt bitcoin as the legal currency of the cryptocurrency worth $35,000; when I formalized sti value was in the 45,000 dollars.However, after the so-called “crypto winter” the currency fell to $20,000.
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