Since Bitcoin (BTC) became the first decentralized digital currency in 2009, it has become a wild journey for cryptocurrency.
Since then, millions of transactions have taken place, millions of dollars have been stolen or lost, and we have witnessed the emergence of several new cryptocurrencies, including exciting and innovative technologies and security systems behind them.
This is an exciting time for the future of digital currency.
This does not mean, however, that there are no major barriers to crossing before we can begin to embrace it. We’re mostly on the right track but that doesn’t mean there aren’t any major problems for emerging cryptocurrency markets.
While the early days of cryptocurrency - now obsolete - were notorious for its widespread use on dark websites like the Silk Road, we’ve seen a few key adoption metrics in recent years.
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Highlights
2014 has brought some big wins to cryptocurrency advocates. Each of these victories puts the currency one step closer to widespread adoption and I doubt anyone would deny that 2014 brought a lot of momentum and awareness about digital currency - or at least bitcoin.
So in my opinion there is no fear about the success of Bitcoin, the use of Bitcoin has been going on since 2009 and will continue in the future inshallah.