In this guide, you will learn all about Bitcoin (BTC) and cryptocurrency,
how they work, why they exist and what kind of technology is behind
Bitcoin. It wasn’t too long ago when people started hearing the words
‘Bitcoin’ and ‘cryptocurrencies.’
Few people outside of the crypto-communities knew what they were and
many thought it was just another fad that was bound to fail in a few years
or so. The value of one bitcoin was just a few cents then so obviously it
wasn’t worth a lot. For this reason, it was ignored by the masses. There
were far more profitable investments one could make, after all.
Those who invested sums of money on the new digital currency either
believed in the system proposed by its founder, Satoshi Nakamoto, or they
simply wanted to see how it works.
Either way, those who believed were rewarded greatly, and
continue to be rewarded, as a single bitcoin now costs thousands of
dollars.
It only took Bitcoin five years to breach the $1,000 mark in late 2013, and
just a few years later, Bitcoin prices are at an all-time high – way past the
$10,000 mark for a single bitcoin!
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