Bitcoin and the future of money

in #bitcoin7 years ago

Bitcoin and the future of money

About 9 years ago, a protocol for a new digital money posted its first exchange rate to the dollar. It was a small fraction of one penny. The date was October 5, 2009. It was the date that Bitcoin went from being a mere abstraction, posted pseudonymously on a forum, to become the combination money and payment system that is rocking the world today.

From the first pizza that was bought on May 22, 2010 with 10,000 bitcoins by Laszlo Hanyecz worth about $40 then, bitcoin finally reached parity with the US dollar on February 9, 2011.

In these 9 short years, a large infrastructure of global businesses have been built up around bitcoin. It is now used for global payment processing, exchange of debts, store of value, investment vehicle, donations to nonprofits, and spending among every class of people. Bitcoin is playing an increasingly important role as safe haven in countries with unstable currencies.

Cryptocurrency is the future of money

There is nothing more exciting or lucrative than crypto right now.
It will be very difficult to top the returns that this sector will bring.

One of my biggest goal is to teach people less risky and legitimate cryptocurrency investment strategies.

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