Bitcoin

1.

Bitcoin (₿)
Bitcoin (₿) is a
cryptocurrency invented
in 2008 by an unknown
person or group of
people using the name
Satoshi Nakamoto.

2.

When it was founded…
No one really knows for sure. But the person (or persons) directly responsible for this used
the pseudonym Satoshi Nakamoto when in October 2008 they wrote a white paper entitled
"Bitcoin: A Peer-to-Peer Electronic Cash System". It was published on a small mailing list
for cryptography enthusiasts.
In January 2009, the currency creation software was released, which was soon followed by
the first ever block mined on the network, known as the Genesis block.

3.

How can a person use it?
• Make purchases - buy anything from Tesla to home; an increasing number of large
shopping sites accept payment in bitcoins.
• Gambling - If you're lucky, many gambling sites accept Bitcoin.
• Digital Rights Management - Bitcoin and the blockchain protocol on which it is built can
be used to help musicians and artists control who has access to their IP.
• Identification - Thanks to the unique dual key system used in bitcoin wallets, the bitcoin
blockchain can be used as a way to verify your identity online.

4.

Other types of crypto currency…
• Bitcoin
• Ethereum
• XRP (Ripple)
• Bitcoin Cash
• Litecoin
• Stellar
• Cardano
• NEO
• Monero

5.

The future of cryptocurrency…
• Anthony Pompliano, the owner of Morgan Greek Digital, predicts that the rise in the value
of virtual currencies in 2022 will be rapid. He runs a virtual asset management company
and holds most of his capital in cryptomnetach. The expert claims that bitcoin can exceed
the bar of 100 thousand by the end of 2022.

6.

• The owner of a billion-dollar fortune, Mark Yusko, makes a very bold forecast for the long
term until 2030 about the growth in the value of cryptocurrencies. He suggests that the
probable value of bitcoins may exceed 400 thousand. This assumption is based on
mathematical calculations taking into account the growth of the price of gold and publicly
available cryptocurrencies.

7.

• Pantera Capital founder Dan Morehead, in an interview with Yahoo Finance, expressed the
opinion that bitcoin currently looks undervalued. According to Morehead's forecast, within
ten years the main cryptocurrency may rise in price to $ 700 thousand (an increase of
1742% from current levels). The head of Pantera Capital stressed that in ten years bitcoin
will be used by every smartphone owner.
• Mike Alfred, co-founder of Digital Assets Data (a subsidiary of NYDIG), made a similar
forecast at the end of July. In his opinion, in ten years the price of bitcoin will rise to $ 1
million.