- Bitcoin was not the first crypto currency .
- Before BTC was lunched there were other attempts to create global digital currency , using the elements of crypto graphy.
- One of the first attempt was by David chum's as ecash which was all the way back in 1983.
"ecash was introduced as a way of ensuring privacy and digital payments
an gain popularity through electronic bainking services avilable for consumers "
- Cryptocurrency was used in bainking in 90's
Back then it was used to perform micro task
payments ranging from 0.25 cents to 10$
and the costumers were about 5000 an along side
the merchernts were around 300 avilable online
- The first BTC transaction was for pizza
In may 2010
A hungry guy named Laszol hanyecz went on a bitcoin talk fourm in search of dinner which he bought for
10000 during that time