Undoubtedly, Bitcoin is the most valuable of not only cryptocurrencies but also all currencies in the world.We can even exaggerate a little more. The most valuable known currency in the solar system or galaxy is bitcoin.He is a real king and looks like he will protect this kingdom for a long time. Before bitcoin, there were game coins or chip coins, but their value was limited only within the game. But it is a real leader who has proven itself in the leadership of digital currencies in the last 10 years.
In fact, some details about the design of bitcoin or its name are interesting. Bit is the smallest unit in digital terms.Coins, on the other hand, have much lower value than paper money.bit-coin or small coin. Bit, byte, kilobyte, megabyte,gigabyte,terrabyte. In this scale, 1 byte equals 8 bits. So, when Bitcoin was first released, it had many zeros on its left side, worthy of its humble name.
The rise and popularity of bitcoin: In fact, bitcoin was created in 2008, when the internet was just reaching its peak and it was fully heard in 2009, but most of the people did not understand what this currency meant. Computer games were very popular at that time. Game software developers had to give some rewards to keep people hooked on the game. These prizes were chip money, gold coins or game coins. Because as you progressed in the game, either the amount of your money or your rank had to increase. Otherwise, there would be no difference in rank between the good player and the bad player, which would make the game unpleasant. I was in the red color, which is the highest rank in a backgammon game called play65. The first players were the gray players. This was flattering and some games started giving satoshi.
Media influence: Written or visual media has been very effective in the rise of bitcoin and even promoted it positively. Articles in computer science journals were particularly influential. The first bitcoin transfer took place between Thomas Finney and Satoshi Nakamoto. A young man from Florida named Laszlo Hanyecz paid 10000 bitcoins for 2 pizzas. So, with today's value, she paid 3 billion dollars for 2 pizzas? These news were found interesting in the media and bitcoin began to be recognized.
Positive impact of underdeveloped countries: In fact, the most demand for bitcoin was not from developed countries, but from underdeveloped countries.because these people did not trust their country's central bank and their money was worthless.The dollar, euro or pound sterling were very valuable, but not every country's currency was as strong as these. The currencies of China and its surroundings, Russia, Latin American countries and some Middle Eastern countries were less valuable. Naturally, the citizens of this country are not wrong to see bitcoin as a savior and they made investments. This result is one of the reasons for the rise of bitcoin.
Informal economy: Nowadays, people seek to be completely free and do not want governments to monitor everything their citizens do. They want to be economically free and do not want states to monitor how much money they have. Previously, Swiss banks or private banks on some islands gave people financial freedom, but now there is bitcoin.
Ease of transfer and quick change: No matter where you are in the world, if you have crypto money in your account and have internet access, you will not have any cash problems.Especially someone who works abroad and has to send money to her family is faced with high transfer fees, long-term transfers or the laws of that country. But crypto money does not have these problems. The world is changing now and we have to keep up with the change. While writing this article, I already had some doge coins, I transferred it to a friend. At the same time, the robot vacuum cleaner that I programmed in advance walks between my feet. My air purifier cleans the air in my room and my phone constantly reminds me of the work I have to do tomorrow. and worst of all, the harassment of my smartwatch; It keeps reminding me that I walked very little today. But today is Sunday. I will walk 3 kilometers more tomorrow, there is no solution. As a result, science and technology have merged with the internet and made people's lives easier, and we humans are the organic denominators of technology.
That's why our smart devices and bitcoin will always continue to exist and rise with us.
