$WCT
Bitcoin Journey!!!!
Bitcoin’s journey since its creation in 2009 has been revolutionary. Invented by the anonymous figure Satoshi Nakamoto, Bitcoin introduced the world to decentralized, peer-to-peer digital money built on blockchain technology. Initially worth almost nothing, Bitcoin gained traction among cryptography enthusiasts and libertarians.
In 2010, Bitcoin was first used in a real-world transaction when 10,000 BTC bought two pizzas, now symbolizing its early undervaluation. By 2013, Bitcoin crossed $1,000, attracting global attention. However, volatility, exchange hacks like Mt. Gox, and regulatory uncertainty led to multiple boom-and-bust cycles.
From 2017 onward, Bitcoin saw rapid adoption. It reached nearly $20,000 in late 2017, driven by retail investor enthusiasm, before crashing in 2018. The next major rally came in 2020–2021, fueled by institutional interest, companies like Tesla buying BTC, and growing recognition as a hedge against inflation. It hit an all-time high of over $69,000 in November 2021.
Bitcoin’s value has since fluctuated with global economic trends, regulations, and market sentiment. Despite criticisms for its energy use and volatility, Bitcoin is now considered digital gold, influencing financial systems worldwide. Today, it is increasingly used for investment, cross-border payments, and even adopted as legal tender in El Salvador, marking a historic shift in finance.