The bitcoin price for this day

The bitcoin price for this day

bitcoin69


Bitcoin has been adopted as legal currency in El Salvador and Honduras Próspera, a special autonomous zone

Bitcoin, the first cryptocurrency launched on the market , was created by Satoshi Nakamoto (pseudonym) in 2008 after the global financial crisis; This digital currency was based on a libertarian ideal and sought to challenge traditional monetary and financial institutions.


Known in the world of markets under the acronym BTC, bitcoin uses cryptography to guarantee that its management is decentralized , that is, that it cannot be regulated by any institution or banking body, which in turn makes cryptocurrencies volatile


It was on November 1, 2008 when Satoshi Nakamoto sent a message to the cryptography mailing list of metzdowd.com under the title bitcoin P2P e-cash paper, where he alluded to a new type of electronic money system that does not relied on intermediaries, but was direct.


It wasn't long until on January 3, 2009, bitcoin finally went live with a first batch of 50 coins known as "the genesis block" that was mined by Satoshi Nakamoto himself. According to records, there are currently 19.24M bitcoins in circulation, although the money supply continues to increase.


In 2013, this cryptocurrency, which was worth almost nothing at its inception, exceeded $1,000 and began to attract the attention of financial institutions. Months later, it faced its biggest crisis with the hacking of the MtGox platform led by Mark Karpelès, where up to 80% of the units in circulation were exchanged, which caused its value to plummet.


In the last months of 2017, a new rise placed its value at $19.51. Today its price has exceeded USD 68,789.63 , also influenced by comments from relevant figures such as Elon Musk , which has made it the most important cryptocurrency of these times.


Despite the progress and scope that Bitcoin and other large digital assets such as Ethereum have had, organizations such as the World Bank, the International Monetary Fund (IMF) and the Inter-American Development Bank (IDB) are still doubtful about the " pros” of this type of cryptocurrency.


In contrast, there are others that have shown great interest in bitcoin, as is the case of the government of El Salvador, which on June 9, 2021 became the first country to adapt this cryptocurrency as legal currency , but not only that, but President Nayib Bukele has also announced his intention to create the first Bitcoin City in Conchagua.


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Similarly, Honduras Próspera , a Central American special autonomous zone launched in 2020 on the paradisiacal tourist island of Roatán, has opted for the adoption of bitcoin as a legal virtual currency despite the fact that the banking authorities do not guarantee its operations. In Mexico and Portugal, there have also been political figures who have proposed the legalization of this digital currency.


On May 5, 2022, the Gucci brand joined the list of stores that bet on the use of that currency to purchase their luxury products. Payment with this digital asset can be made at branches in New York, Atlanta, Miami, Los Angeles and Las Vegas in the United States.

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