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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

bitcoin from the beginning until now

BY: @hazem90 | CREATED: June 5, 2018, 8:35 p.m. | VOTES: 250 | PAYOUT: $3.03 | [ VOTE ]

[IMAGE: https://cdn.pixabay.com/photo/2017/05/27/11/16/bitcoin-2348236_960_720.jpg]
bitcoin is the first and most important electronic currency in the world is a virtual currency that is similar to paper currencies like dollar, euro, etc. but it differs from it in it electronic means its dealing on the Internet and has no real physical presence and cannot track the sales and purchases that Done or even knowing the owner of the coins
But what is the truth of bitcoin and when is it beginning and how can i get it and used? I'll answer you all these questions in this article.

why bitcoin?

After the evolution of the idea of money in human history. The beginning of the barter in the first era and then the beginning of the production of coins and then the idea of the golden cover which is a state version of money based on the amount of gold equal to the value of the money it prints
[IMAGE: https://cdn.pixabay.com/photo/2015/03/22/10/29/clause-684503_960_720.jpg]
Then America began in 1971 to issue the dollar currency based on the power of the government and the strength of the American economy and not based on the amount of gold in the country
Until the dollar became the only strong currency in the world and the world continued to deal with the current financial system
And as every system has its flaws and one of the most important flaws of the current financial system:
1. Full Control by the Government of money in terms of its issuance, the way it is handled and its system, and the people do not intervene in this matter
2. The difficulty of transferring funds between individuals from one state to another, through many rules and conditions, until it is done.
3. The Government is monitoring the money. and controlling their disbursement and arresting the sales and dealing based on the rules of the countries
Based on this it began to think of the processes in which people have the right to control, issue and easily deal with them faster and hence the idea of the bitcoin
[IMAGE: https://cdn.pixabay.com/photo/2018/03/10/22/33/bitcoin-3215526_960_720.jpg]

beginning of bitcoin

A person who called himself Satoshi Nakamoto presented an idea about bitcoin and blockchain for the first time in a research paper in 2008
He described it as an electronic monetary system that relied in financial dealings on the principle "Peer-to-Peer"It is a technical term that means direct interaction between a user and another without an intermediary
Bitcoin: A Peer-to-Peer Electronic Cash System
bitcoin as Open source program The point is that anyone can take a copy of this program and make adjustments to it and create a new digital currency
Proponents say that the goal of this currency that was first traded in 2009 is to change the world economy in the same way that it changed Web publishing methods
And the character of Satshi became unknown untel In 2016, Australian businessman Craig Wright announced that he was Satoshi Nakamoto in advance with technical evidence, but his evidence was easily revealed.
https://en.wikipedia.org/wiki/Craig_Steven_Wright#Bitcoin
[IMAGE: https://cdn.pixabay.com/photo/2016/11/10/05/09/bitcoin-1813503_960_720.jpg]

Bitcoin Stages

bitcoin It's been a while since it started in a few stages. the first stage in

2008

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2015

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2017

TAGS: [ #cryptocurrency ] [ #bitcoin ] [ #bitcoincash ] [ #busy ] [ #arab ]

Replies

@a-0-0 | June 5, 2018, 8:35 p.m. | Votes: 0 | [ VOTE ]

Check out https://steemit.com/@a-0-0

@upvotebank | June 5, 2018, 8:35 p.m. | Votes: 0 | [ VOTE ]
UpvoteBank Your upvote bank [IMAGE: https://steemitimages.com/DQmfDxvv4NLs3knYT7B2mHgE5ArnkheNmDSLydKKTfBwokj/__2.jpg] This post have been upvoted by the @UpvoteBank service. Want to know more and receive "free" upvotes click here
@minnowsupport | June 6, 2018, 12:58 a.m. | Votes: 0 | [ VOTE ]

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by hazem from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.

@arabsteem | June 6, 2018, 9:50 p.m. | Votes: 0 | [ VOTE ]

حصلت على تصويت من
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