Post
Topic
Board Bitcoin Discussion
Re: The mystery called Bitcoin
by
HajiBagi
on 07/01/2025, 16:02:37 UTC
Speaking from my own limited knowledge, the whole idea of btc is still a mystery to me till this day, with it's first Blockchain mining in 2009, it's amusing how this journey has gone thus far. In 2008 when traditional financial institution have low trust, the founder (Nakamoto Satoshi) came up with a way to carry out financial transactions not based on trust, that is to say, eliminating a trusted third party, thus coming up with a per-to-per kind of transaction based on proof-of-work so as to create a safe and secure transaction without the involvement of a third party.
It all started like a joke and then it evolved to what we have today, I remember the pizza incident 2010, although, it marked the first significant use of BTC for commercial purposes but it also shows how far this wonderful gem has come.
Built on a Blockchain by a mysterious individual who isn't exactly doxed, today alot of us has acquired wealth from it, gained financial freedom and even retired thanks to it, BTC is really to me a wonder and a mystery.

Everything starts for a reason and in life, something must have a beginning before becoming very important and valuable to people when Bitcoin was introduced many people didn't understand what cryptocurrency was, some people didn't even have technology knowledge, even some of us know about cryptocurrency and Bitcoin never has a phone by then, those people that did not believe in bitcoin then are the one that is holding bitcoin these days.

Bitcoin has changed many people's lives because of the trust they have for it, many people don't depend on the government or hands-on work and still survive today because of Bitcoin, Bitcoin has made many people believe that patience is the best way to succeed in life because some people don't have patient but when it comes to crypto you have to be patient to achieve your goals.