Idea behind Bitcoin

Idea behind Bitcoin

Why was Bitcoin created? The answer lies in “The Financial Crisis of 2008”. After the Financial Crisis, people started to wish for a new system of money that would not have the shortcomings of regular currencies.

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Bitcoin Value History

Bitcoin Value History

When bitcoin launched in 2009, it was virtually worthless. Thousands of bitcoins equaled just a few pennies. Today …

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Bitcoin History Timeline 2007 – 2016

Bitcoin History Timeline 2007 – 2016

2007 – The Legend – According to legend, Satoshi Nakamoto began working on the Bitcoin concept in 2007.
2008 – August 15, 2008 – Three individuals, Neal Kin, Vladimir Oksman, and Charles Bry file an application for an encryption patent application.

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Who developed the Idea of Bitcoins?

Who developed the Idea of Bitcoins?

The concept of Bitcoins was developed by Satoshi Nakamoto, who resides in total anonymity. He is said to be from Japan but his mail ID was from Germany, plus the bitcoin software was not available in Japanese. He developed the system and the Bitcoin software that is used to run the system.

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