How did Bitcoin Evolve Through the last 12 Years? | Animation | Cryptomatics

In this video, we will take a look at how Bitcoin evolved in terms of price and adoption. We will also briefly cover the current legislation regarding the use of Bitcoin in different countries.

From its invention and implementation, Bitcoin has taken significant steps both in terms of value and adoption. The number of businesses that accept Bitcoin has surpassed the 15k level as of October 2021. Microsoft, Starbucks, Amazon, and even Sotheby's are among them.

Some states allow the usage and trading of Bitcoin, while others have restricted or even banned it. However, a significant moment in the history of Bitcoin was its adoption as legal tender in El Salvador in June 2021, the country becoming the first one in the world to do so.

Bitcoin, like all cryptocurrencies, is volatile, but its history has shown that there are times when its price changes outpace even its usual volatile swings, which results in massive price bubbles. For example, this year’s October saw the cryptocurrency reaching an all-time high of $66,974.

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• CHAPTERS -

0:00 Intro 0:30 Bitcoin Adoption 1:53 Bitcoin Regulation 2:45 Bitcoin Price 4:15 Conclusions 4:45 Outro

⛓️ 🔗 Useful Links 🔗⛓️

►https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp 
►https://www.researchgate.net/publication/322791983_The_evolution_of_the_Bitcoin_economy_extracting_and_analyzing_the_network_of_payment_relationships 
►https://money.usnews.com/investing/articles/the-history-of-bitcoin 
►https://finance.yahoo.com/news/rise-asics-step-step-history-094335454.html 

#BTC #Bitcoin #BitcoinEvolution #Animation #Cryptomatics #Blockchain #Crypto #CryptoEducation ... https://www.youtube.com/watch?v=N_hUZQEo7qs