#OrderTypes101 Comparison of Cryptocurrency: Past vs. Present
Cryptocurrency has come a long way since the emergence of Bitcoin in 2009. Let's take a look at the comparison of crypto in the past and present! 🚀
1. Past (2009-2015):
Pioneer: Bitcoin as the first cryptocurrency, created by Satoshi Nakamoto, focused on peer-to-peer transactions without intermediaries.
Adoption: Minimal, only among tech enthusiasts. Many were skeptical, considered crypto as a "digital toy".
Types of Crypto: Limited options, only Bitcoin, Litecoin, and a few early altcoins.
Technology: Blockchain was still simple, focused on security and decentralization. Transactions were slow and fees were high in some cases.
Regulation: Almost no rules. Crypto was considered gray, prone to fraud, and often associated with illegal activities.
Value: Bitcoin price was low, once only $0.01 in 2010, but started to rise drastically to $1,000 in 2013, then crashed.
2. Present (2025):
Adoption: Widespread! Bitcoin is accepted by major companies like Tesla, and countries like El Salvador have made it official payment.
Types of Crypto: Thousands of coins, from Ethereum (smart contract), Solana (fast transactions), to meme coins like Pepe Coin.
Technology: Blockchain is more advanced—Ethereum 2.0 with proof-of-stake, Solana with low fees, and Polkadot with interoperability.
Regulation: More defined in many countries. In Indonesia, Bappebti regulates crypto as a commodity. The UK even proposed lifting the ban on crypto ETNs for retail investors.
Value: Bitcoin reached $105,141 (June 2025), but volatility remains high. Stablecoins like Tether and USDC stabilize the market.
New Trends: DeFi, NFTs, and the metaverse drive innovation. Projects like Virtuals Protocol excel in the metaverse, while Cardano focuses on scalability.
Key Comparisons:
Scale: Once niche, now global with $30 billion in transactions in Indonesia by 2024.
Security: Once prone to hacks, now encryption is stronger, but the risk of forgetting digital wallets remains.
Perception: From "speculation" to "investment asset". Institutions like BlackRock are now entering the market.