A decade ago, Bitcoin’s secret founder Satoshi Nakamoto promulgated a paper called “Bitcoin: A Peer-to-Peer Electronic Cash System.” For those who haven’t been following crypto world closely, below is the timeline of the history of the crypto world so far. The birth of cryptocurrency was only a few years ago. But there have already been many projections along the way for cryptocurrencies. Here are some of the most notable events:
The Beginning
On 18 August 2008, the domain name bitcoin.org was listed. Later in the same year on 31 October, a paper written by Satoshi Nakamoto, an unknown personality or group of people was published.
The Cryptocurrency Master
The First Bitcoin Transaction
Papa John’s Goes Crypto
The First Attack
The Competition
Bitcoin Hits The Headlines
The Good Life
Coinbase
Bitcoin ATM Goes Live
Microsoft and Cryptocurrencies
2016-2017
These two years were very crucial for the Bitcoin. Many regulators, governments and financial institutions started taking cryptocurrency seriously. The number of businesses taking BTC continued to rise. In the year 2017, Bitcoin climbed to more than $20,000. As the price climbed, more and more financial companies began to study it. Exchange operators like CBOE and CME Group both launched bitcoin futures in the month of December 2017.
Worth More Than Gold
Crypto Hits Four Figures
A New Low
The Year 2018
In the year 2018, cryptocurrencies are gaining more legitimacy among legislators and financial companies. For example, the government of Ukraine has started a state policy to legalize BTC and precisely manage and monitor the fintech area as a wheel of a new public policy produced by the Ministry of Economic Development and Trade. The process may take up to three years to achieve but ultimately, businesses built around digital assets would become a legal part of the country’s market.
Disclaimer: This information should not be interpreted as an endorsement of any cryptocurrency. It is not a recommendation to trade. The crypto market is full of surprises and overhyped assets. Do your research before buying anything. Do not invest more than you can afford to lose.
Timeline infographics credits to cdn.knightlab.com
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