Crypto History

Cyber currencies were created in the 1980s and gained popularity until 2008. It all started with David Chaum inventing digital cash, but software and cryptographic protocols began in the early 1990s. It is still uncertain if Bitcoin’s creator, Satoshi Nakamoto, is a programmer or a group of programmers. Satoshi Nakamoto published a paper in 2008 about Bitcoin that started the crypto revolution.

In 2009 Bitcoin was launched as open-source software, and it still has no government or bank interference. People worldwide use it to transfer large sums of money across borders and avoid interference. Its volatility confuses people on what to do with their Bitcoins. In 2010, more currencies joined Bitcoin, and all of their prices fluctuated until 2017 when cryptocurrencies started to grow.

Some people believe that cryptocurrency growth came with exchange platforms, such as Coinbase. Exchange platforms allowed more people to learn, invest, and trade cryptocurrencies with decentralization and anonymity. There is an expected growth in the cryptocurrency market as more people become aware of its value. It may have a significant role in future money systems.