Chapter 2. A brief history of cryptocurrency
Cryptocurrency is a new phenomenon in the world of finance, but its history began quite a long time ago. In 2009, the first and most famous cryptocurrency was created – bitcoin. Its creator, or creators, using the pseudonym Satoshi Nakamoto, developed a new kind of digital currency that did not depend on banks and governments.
Bitcoin was created as a response to the 2008 financial crisis, when banks and governments failed to prevent the collapse of the economy.
Since the creation of Bitcoin in 2009, cryptocurrencies have gradually begun to conquer the world. In the early years of Bitcoin’s existence, it was used mainly for trading on the Internet and among a small community of enthusiasts.
However, over time, interest in cryptocurrencies has increased, and new cryptocurrencies such as Ethereum, Ripple and Litecoin have appeared. Cryptocurrencies began to attract the attention of investors and entrepreneurs who saw in them the potential to create new businesses and to invest in the future.
Today, cryptocurrencies have become more accessible, and they can be purchased on specialized exchanges and platforms.
Some countries have even started using cryptocurrencies as an official means of payment.
However, cryptocurrencies still cause controversy and debate. Some people see them as an opportunity for a revolution in the financial system, while others consider them unstable and risky. Nevertheless, cryptocurrencies continue to develop and attract the attention of people from all over the world.