Bitcoin

The rise of Bitcoin (BTC) from $0 to $100K is a story of resilience, innovation, and belief. Launched by a pseudonymous founder, Satoshi Nakamoto, Bitcoin initially had no real value. In 2008, Nakamoto introduced Bitcoin through a whitepaper titled &#34;Bitcoin: A Peer-to-Peer Electronic Cash System.” This presented an innovative concept of shifting value without intermediaries like banks.<a href="https://cryptotale.org/is-peter-todd-the-real-face-of-btc-founder-satoshi-nakamoto/" rel="noopener noreferrer nofollow">Satoshi’s</a> effort started with the establishment of the Bitcoin system under blockchain technology by developing a public record for all transactions. On January 3, 2009, Satoshi mined the first Bitcoin block, known as the Genesis Block, embedding the message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This message represented the project&#39;s goal in the aftermath of the global financial crisis of 2008.<a href="https://cryptotale.org/traders-are-partying-as-bitcoin-btc-hits-100k-milestone/" rel="noopener noreferrer nofollow">Bitcoin</a>’s first known exchange rate was provided by the New Liberty Standard in October 2009, and it had a value of 1 BTC for $1. Hal Finney, who developed the first version of the client software, received the first Bitcoin. In 2010, Bitcoins made their way to mainstream usage when 10,000 BTC were used to purchase two pizzas worth $0.0025 per Bitcoin. Now, the price would be worth billions.In its early stages, <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin’s</a> price hardly changed at all; in fact, it was almost stagnant. The most it got was $29.6 by 2011, and then it went down to $4.7 because of its volatility. Due to its scarcity, it received more and more focus, and prices surged.<a href="https://cryptotale.org/the-story-of-resilience-journey-of-bitcoin-from-0-100k/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

The Story of Resilience: Journey of Bitcoin from $0-$100K

CryptoTale

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