Friday, February 15, 2019

Bitcoin (BTC): Introduction to the Cryptocurrency World.


Hello fellow blockchain enthusiasts!
These are interesting times, and it’s a blessing to be here while it all happened.
Many of you are familiar with the analogy of Bitcoin and Email.
When the internet began gaining traction in the 1990s, email was the first application of internet technology, which was just a P2P network of computers and intranets back then.
So first adopters and newcomers naturally thought that Email was the Internet.
And then it blew up and grew to what it is today.
About 2 decades later, Bitcoin and blockchain technology was invented and is being hailed as the next big invention since the internet.
And we’re in a similar situation again. Most people believe that Bitcoin is the invention.
They’re wrong. Bitcoin is the first application of the invention.
Blockchain technology and the process of mining is the invention. And I’d like to agree that Satoshi’s Nakamoto’s invention in 2009 is one of the most pathbreaking inventions since the discovery of the Internet.
Tech enthusiasts, economists, business owners, and literally people in all spheres of life around the world are learning and getting to know the advantages of decentralization and blockchain technology.