Cryptocurrency for Novices

 

Several thousand bitcoins were used to purchase a pizza in the early days of its introduction in 2009. Since then, the cryptocurrency’s rapid surge to US$65,000 in April 2021, following a heart-stopping 70 percent plunge in mid-2018 to roughly US$6,000, has baffled many people – cryptocurrency investors, traders, or simply the plain inquisitive who missed the boat.

 

 

 

How it all started

 

Remember that unhappiness with the current banking system prompted the invention of digital currency. Satoshi Nakamoto, a pseudonym presumably used by a developer or group of developers, created this cryptocurrency using blockchain technology.