Uncertainty? Telephone process? Western Press launches Bitcoin Bottom of Scenes

Spanish site "Daily" reported that in recent years, cryptographers and computer developers have failed to develop electronic profit models, a payment decision that does not require the average person like banks. On January 9, 2009, everything changed. A nine-page report has been posted online on Bitcoin, a system that will transform the entire global financial system over time. Almost 13 years later, this most famous cryptocurrency has grown into a global investment inspired by professionals and "enthusiasts" and its value exceeds 1,000 billion euros. .The digital gold rush has sparked controversy over the future. But who is behind all this?

One of the biggest mysteries in the world of virtual currency is Satoshi Nakamoto, the founder of the so-called Bitcoin. Who is behind this name?In an age of data overload and lack of privacy, we know very little about the origins of Bitcoin, whether its founders were individuals or organizations, and some personal information. Satoshi Nakamoto was estimated to own the first batch of 1 million bitcoins and has yet to reach that amount. He is currently worth more than 48.7 billion euros, which makes him one of the 30 richest people in the world.

Like the mystical artist Banksy, the ambiguity of Bitcoin's founder does not reflect the meaningful history of its creation. Although Bitcoin is not physically present, it does exist in the virtual world and can be used to buy, invest, or have value like gold. Bitcoin enables payments between parties without the hassle of such financial institutions. This is thanks to the blockchain, a decentralized network that uses encryption to protect the privacy of users' communications.

The technology is a design that supports around 7,745 cryptocurrencies currently alive. Some have a purpose and can be used to work to support the project behind them. This is the case with Ethereum, the purpose of which is to provide a means of determining the network. However, some start off as a joke (hence the name "meme coin") and only have special characteristics. This happens to Dogecoin or Shiba Inu coins, whose total market value exceeds $ 56.1 billion in cash.

Over the past year, the cryptocurrency world has taken advantage of the lack of control to model itself as a financial instrument and become an easy way to invest and make money.The value of Bitcoin and other digital currencies is determined by market confidence, not specific rules.

The more people invest their money in cryptocurrency, the higher its value. This brings the value of the industry to around 2.65 trillion euros. Over the past five years, Bitcoin has grown 6.837%, and so far 1 Bitcoin equals around € 50,965 (the highest cryptocurrency market value). Those who invested before this “boom” are now rich.However, due to the immutability of these assets, other lesser-known cryptocurrencies are also volatile like a roller coaster, affecting many investors.

The continued growth of these assets has sparked significant financial debates.Supporters of cryptocurrency, including industry Nobel Laureates such as Joseph Stiglitz and Paul Krugman, claim it is a Ponzi scheme, or a massive campaign, in which executives deceived other entrepreneurs. Governments and central banks have warned that the network could turn into a financial bubble. Without a cryptocurrency regulator, no one can be held responsible for the inflow of funds.

In an avatar of the so-called "crypto brothers", a group of young businessmen with arrogance and bravado. The cryptocurrency world has normalized the story that unruly speculation will make your night rich. Despite warnings of danger, the crypto industry has grown to fall for everything with the free advertising industry, whether it's signing Andres Iniesta, Matt Damon, or going to the stadium in Los Angeles.