The success of Bitcoin

History of the currency of the bitcoin, is our subject today 🙂 that currency that has undergone many consequences and almost led to the disappearance of this currency in the final.

bitcoin is the first peer-to-peer decentralized payment network that is fully managed by its users without any central authority or intermediaries. From the user's point of view, this currency can be largely likened to the currency of the Internet . Today we will learn about the most important stages of the development of this currency since its inception.

History of the currency of the bitcoin:

In 1987

Inventor David Chum -David Chaum American mathematician Digi Cash is an electronic money based on encryption protocols . 

In 1997

The invention of Java by Adam Buck-Adam Back is a proof system work. 

Between 1998 and 2005

Wei Di -Wei Dai launched the idea of ​​decentralized encryption
The development of BitGold by Nick Zuber, a digital currency based on decentralization, such as the use of many elements found in the bitcoin, and this system is strongly attacked. 

In 2008

Satoshi Nakamoto is making his first site and domain name bitcoin.org . 

In 2009

The first deal of the bitcoin was between Satoshi Nakamoto and Hal Fini and the 100th bitcoin.
Announce the creation of a new site and publish the first version of P2P Foundation.
Spreading the first price between this currency and the dollar was 1 bitcoin is $ 0.001. 

In 2010

He bought Laszlo Hanyecz to buy 10,000 homeowners.
The establishment of a platform for the exchange of business cards, which later became the largest exchange site for this currency.
Send a message telling that Satoshi Nakamoto left the project that is to move to another project. 

In 2011

bitcoin arrived to reward the dollar and then the euro .
Media attention to this currency and the rise of 1 bitcoin to $ 31. 

In 2012

An institution was established to consolidate and protect this currency.
The European Central Bank published a detailed report on the virtual currency.
WordPress accepts the currency to pay for its additional services.
Equivalent mining division ranges from 25-50 bitcoin. 

In 2013

The currency exceeds $ 1,000 in the United States .
1 Petechween exceeds $ 850.
Surprise the rise of this currency and the central banks of China, France, Europe, Mauritius , India panic.
Apple attended the use of the currency through its applications.
The Central Bank of India, in turn, relates to the virtual currency, especially the bitcoin. 

In 2014

Overstock becomes the largest company that accepts bitcoin and is an online retailer.
The University of Cumbria in England pays tuition fees.
TigerDirect, a giant computer hardware company, uses this currency.
The Central Bank of the Soviet Union issued a warning against the bitcoin.
Mtgox closes the oldest currency exchange platform bitcoin.
Mtgox officially announced his bankruptcy.
The historical platform Vircurex suspend its operations .
France's Monoprix is announcing its move to accept bitcoin, a retail chain in France and a few other countries.
The Bloomberg Economic and Financial Information Center presents the bitcoin Pathway, Bloomberg is an international news agency reporting on financial news.
Us satellite provider has become the world 's largest to accept bitcoin. 

2015

The price of the bitcoin fell during the first week of the New Year 2015 and lost about $ 51 in just two days. According to the Queen's Index , the price opened at $ 314.59 and closed the day after $ 263.63.
Open thousands of sites for collecting and mining bitcoin. 

2016

Most profit and investment sites deal with bitcoin.
The price of the bitcoin ranges from $ 600 to $ 610.
Widely spread all over the world. 

2017 the price of bitcoin is jumping up to 2900 $

International recognition of the currency of the bitcoin:

History of bitcoin - International Recognition of bitcoin

Germany is the only country to officially recognize the currency of the bitcoin, and as a kind of electronic money, so the German government has been able to tax the profits earned by companies dealing with bitcoin, while individual financial transactions remain tax-free.

A federal judge in the United States recently ruled that the currency of the bitcoin is a currency and a type of currency, and could be subject to government regulation, but the United States has not officially recognized the currency yet.

Some believe that formal recognition has a positive aspect: giving the currency more legitimacy, while others argue that this may open the door to further regulating the currency and linking it to governments, which runs counter to one of the features of KFH as a non-subject currency.
The reason for the rapid development in the history of the currency of the bitcoin:

History of the currency of the bitcoin

A major evolution in the history of the currency of the bitcoin and beyond the debate the operational advantages of the currency, and goes beyond the question of realistic currency solutions place the dollar.

The digital currency offers a new reality in payments, transfers, stock settlement, and so on. The most important thing here is the reality of a world where money is exchanged as fast as information travels.

We have seen the history of the currency of the bitcoin and how it developed rapidly and surpassed the price of the dollar and the euro, since the price of bitcoin now ranges from 2500 $ to 2900 $, and how the 10 bitcoin buy a pizza, either you can now buy 10 bitcoin more than a luxury car.