facebookWhich year did Cryptocurrency start and what were the reasons? Was Bitcoin the first cryptocurrency? - Seedly

Anonymous

23 Aug 2020

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Cryptocurrency

Which year did Cryptocurrency start and what were the reasons? Was Bitcoin the first cryptocurrency?

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Alson Chia

23 Aug 2020

Head of Operations & Trading at Tokenize Xchange

Crypto started back in 2009, with Bitcoin (BTC) being the first-ever crypto being created by Satoshi Nakamoto to tackle the 2008 GFC problems. By making it decentralized, no central entity is able to control it, therefore no manipulation.

Fundamentally, BTC price will increase over time due to it's halving event. As block reward gets halved once every approx. 4 years, supply will be lesser, and as adoption gets more mainstream, demand will definitely increase. Thus, to find a new equilibrium, the price would have to increase.

To know more about crypto you can join our community, https://t.me/joinchat/A-R7-kTrCRvf2a1alz_Ibg

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Thaddeus Ong

13 Aug 2020

Founder at Everything About Bitcoin

Hello! Learn more about the origins of bitcoin here. I wrote an article about it recently.

https://www.everythingaboutbitcoin.com/what-is-...

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