Since when has Bitcoin been around? - A look into the past

Bitcoin is a so-called cryptocurrency, i.e. a digital means of payment. However, since it has only come to the attention of the media in recent years, the question arises as to how long Bitcoin has actually been around.

This is how long Bitcoin has been around

In addition to the currency itself, the booking system also bears the name "Bitcoin". A jointly managed, decentralized database in which all transactions are recorded is the basis of the Bitcoin network. This database is also known as the "blockchain".The digital means of payment Bitcoin, has been around for several years. In November 2008, the first time a document was published that talked about the Bitcoin payment system. This document was published by someone under the pseudonym Satoshi Nakamoto. A few months later, in January 2009, a reference software was subsequently released, which was available as open source software.

1. The basic idea for Bitcoin had already Wei Dai and Nick Szabo in 1998.
2. The Bitcoin network itself has been active since 3.01.2009 active, that is, it was the first 50 Bitcoin and the first block in the blockchain generated.
3. By the decentralized structure Bitcoin is not subject to any supervision.
4. First in 2012, there was an exponential increase in people who began to generate Bitcoin, so to dig.
5. 2017 then also invested more and more people in Bitcoin. The price of the currency rose immensely as a result. This ensured that by the end of the year, a Bitcoin was already worth almost 20,000 dollars.
6. But it was already apparent from then that it would be a very fluctuating course.