Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is that the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a novel blend of software, cryptography and financial incentives instead of the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a world network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and therefore the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the continued story of Bitcoin and therefore the rise of a borderless, permissionless economic system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the most effective ways of investing in Bitcoin, and the way do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to create Bitcoin a mainstay in people’s lives, and can incumbent and legacy systems accept or fight this change?