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Everything you need to know about the first cryptocurrency in history. What is Bitcoin? Follow the price and get it now!

What is Bitcoin ?

Bitcoin has opened the doors to a technological revolution of such magnitude that it can be compared to the one sparked by the Internet in 1994. Created in 2009, Bitcoin is the first cryptocurrency ever created and the first successful application of the blockchain technology. Bitcoin was not created by a government and is not run by banks, it’s a fully decentralised peer-to-peer system.

Why buy Bitcoin ?

Bitcoin has been declared dead hundreds of times, yet today, after 12 years of existence, it is still the most solid, the strongest and most resilient cryptocurrency of all. Unfit to become a global payment system, Bitcoin is consolidating itself as a store of value. Indeed, investors tend to choose BTC to protect their savings from inflation, a phenomenon which fiat currencies are subject to.

How was it created?

When did Bitcoin first appear? By convention, Bitcoin was created on the 31th of October, 2008, the day the Bitcoin protocol was released. However, Satoshi Nakamoto — inventor of Bitcoin — was already working on the project before that day. On the 18th of August of the same year, the domain was claimed. On the 3rd of January 2009, Satoshi himself mined the first Bitcoin block, and the first version of the client was released on the 9th of January. Who is Satoshi Nakamoto? The name is a pseudonym, and nobody knows the identity of the creator of Bitcoin. In 2011 Satoshi disappeared, after publishing his last post on the BitcoinTalk forum.

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