Dear Readers,

We all know about the Blockchain and Cryptocurrencies!

When we think Cryptocurrencies, the first that strikes into our mind is Bitcoin. 

Bitcoin is a unique protocol which implements a highly available, public and decentralized ledger. The cryptocurrency was said to be invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. Satoshi Nakamoto ( the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database.

Besides the purpose, everyone found the Bitcoin as an investment instrument. Though various other coins were found, Bitcoin still considered to be the stable coin and the market leader. 

Let's get brush up more on Bitcoin.

Bitcoin is a non inflatable and uncensorable money. 

Bitcoin is a decentralised digital currency that can be traded between two parties involved without the involvement of a third party such as banks or governments. 

With hedge funds, family offices, and institutional bankers adding Bitcoin to their portfolio, the market leader of cryptocurrency is attracted the recognition of being a unique asset class / digital asset class. 

The Bitcoin network is a truly a decentralized financial asset. 

With the inflation of the fiat currency systems, everyone moving towards these type of digital assets which appreciates a lot and consider this as safe investment against the factors such as market volatility and inflation and many would think this for trading and investment purpose. The unique quality of global availability, high supply and low supply attracted across various sections of people. 

Over the past decade, Bitcoin has gradually become a mainstream asset. Estimates suggest there are over 100 million active BTC users across the world. That’s is the roughly equivalent population of Japan, incidentally Japanese currency- yen is the 3rd most commonly used currency for the worldwide trade. 

Currently Bitcoin BTC Trades at $ 17442 and ranked as #1, considered the market leader and undisputed king in the Crypto market. 

While the All Time High of the BTC stood at $68,789.63 ( As on Nov 10, 2021) currently Bitcoin trades approximately 74% lower. BTC registered its All Time Low at $ 65.53 on July 5, 2013. 

Considering the Bitcoin halving theory, the next bitcoin halving would be in April 2024, where the issuance of new bitcoins onto the market would be cut in half.

While we cannot give a exact prediction on how BTC would go in the future, many people and researchers anticipate that BTC would go higher which is a very good news that we cherish!

As the first of the series, we really admire the Bitcoin Concepts and the investments around BTC.