The Rise and Shine of Bitcoin
Bitcoin, the first decentralized cryptocurrency, is the perfect form of digital money for the internet mainly because it is fast, secure and no boundaries. It became a low-cost method which allows citizens to transmit virtual funds that bypass their government’s financial system. The very first bitcoin transaction happen in January 12, 2009 when Satoshi Nakamoto, the pseudonymous inventor of bitcoin, sent 10 BTC within the network to Hal Finney. Since that time, the network has dramatically grown and developed into a global peer-to-peer electronic cash payment system. Check out the timeline of the history, the rise and continued shine of bitcoin. See also the Evolution of Payment Methods and Bitcoin vs Gold.