Sunday, January 1, 2023

Bitcoin Mass Adoption

  


Bitcoin Mass Adoption:

Cryptocurrency Explained for Individuals & Small Business



What to Expect in Bitcoin Mass Adoption
With a focus on delivery of practical information for individuals and business owners, Bitcoin Mass Adoption answers the questions we all have about cryptocurrency, covering topics like buying crypto, storing it securely, and managing payments as an individual or a business. With details on how cryptocurrency is taxed in several regions, this is an essential read for anyone interested in using cryptocurrency.

Bitcoin Mass Adoption goes on to chronicle major milestones in the history of cryptocurrency, then speculates on the identity of the mysterious author of this revolutionary new technology.

Bitcoin Released Against a Backdrop of the 2008 Global Financial Mess
During the global financial crisis of 2008-9, then deemed "too big to fail", banks were bailed out at the expense of the taxpayer.

On 9th January 2009 at 6.15pm GMT, anonymous person(s) under the pseudonym Satoshi Nakamoto, mined the genesis block of the Bitcoin blockchain and released the first cryptocurrency software to the world.

Embedded in the genesis block was the hidden message:

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

Like Prometheus stealing fire from the gods, Satoshi seized control of money away from governments and made it available to us all.

In response, Britain, China, the EU, the US and others scramble to develop their own centralised digital currency equivalents, while juggling rampant inflation with endless money printing.

Amidst this chaos, the crypto market reached a peak capitalisation of over $3 Trillion USD. Ordinary investors who've caught glimpse of what this technology is capable of, are taking control of their financial destiny - and saying no to fiat and centralised currency forever.



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