Infographic: The history of Bitcoin and it’s future
Bitcoins are seemingly making a convincing case for a digitized, decentralized currency, and the world is excitingly falling into the lockstep. If thoughts over bitcoins have ever crossed your mind and evoked a curiosity in you to know it up and close, this infographic is what you’re looking for.
Bitcoin is the brainchild of Satoshi Nakamoto, who published a white paper on the invention on October 31, 2008, namely “Bitcoin: A Peer-to-Peer Electronic Cash System”, describing what Bitcoin is.
It was on January 2009 when Version 0.1 of Bitcoin was released. And, soon, Satoshi and Hal Finney, a cryptographic activist, transacted in bitcoins.
During October 2009, an exchange rate for the bitcoin was established, which was US$1 = 1,309.03 BTC. This rate was decided after framing up an equation as to how much is the cost of the electricity to run a computer, generating bitcoins.
Check out the infographic of a brief history of bitcoin and where it’s going next, provided by 2KReviews.