12 years ago, on October 31, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, published the whitepaper that became the start of the financial revolution.
In the whitepaper Nakamoto described a peer-to-peer payments system that expanded across a distributed ledger, powered by a network of anonymous miners.When BTC released at the beginning of 2019, the coin was almost worthless. Now it's the largest coin by market cap beating $14.000 a few hours ago. The crypto-economy Bitcoin created has a cumulative market cap of $403 B.
Trending: Finder: Bitcoin could hit $80,000 by 2025
Bitcoin’s roller-coaster continued in the past 24 hours with notable variations resulting in a few $500 moves and it finally breaking the previous 2019 high. Bitcoin is also strengthening its position against its biggest hedge-alternative aka gold. Bitcoin aka the Digital Gold becomes more and more popular. Some even prefer it over the yellow metal.