Thought of the Day: April 26, 2018 – Bitcoin Beginnings
Did you know 9 years ago on January 3rd, 2009, Bitcoin was invented and released? Along with the Blockchain these two things remained pretty much untapped.
Since the first day Bitcoin was created not much was known about it. Over the last 9 years it has slowly become a household topic.
Did you know, there are hundreds of new businesses being built around bitcoin?
Over the last 2 years Bitcoin has really taken off. It even flirted with a value of $20,000 USD back on December 16, 2017.
As of February 27, 2018 the price has corrected itself and it sits around $11,000 USD.
Bitcoin has inspired many people to trade in their paper money, fiat dollars, for a digital currency, one and zeros.
So many people are beginning to see the value of digital currencies. They are starting to using cheap electricity and hydro power to mine the digital currency.
No matter what, it is hard to keep your eyes closed to the fact it has created numerous industries and countless millionaires.
It has also lead to new coins and countless alt coins where people raise money through ICO for their ideas.
No one knows what the next 9 years will bring but it is interesting to hear, what you the reader, believes will happen.
I would love to hear what you think because the more people who understand crypto-currency, the more education.
Did you know:
The first transaction where Bitcoin was used to make a purchase was when someone offer to pay someone else 10,000 coins ($25) for a couple of pizza’s.
At the height of Bitcoin, back in December 2017, the value of the 10,000 coins would be over $180 million USD. Are 2 pizza’s really worth that much? OUCH!!
Do you want to learn about crypto-currencies? You can learn with Tia Lopez. I listen to his podcast all the time and it has great information on what you need to know before investing.
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Maveen has built his career in Banking, Insurance, Home and Automobile Sales. Providing exceptional customer service is his passion. Writing is a way to share his knowledge and help change the lives of million of people. Like the Facebook Page to support him.