11/19/2021 - 2 minute read
Cryptocurrencies are digital assets used to buy or exchange goods and services, mainly on the web. It evolved into a form of investment and a secure way of exchanging online transactions. The increasing need for the safe and less traceable nature of Bitcoin has driven the price to skyrocket since it launched on Jan. 3, 2009. The true identity of the originator of Bitcoin -- referred to as “Nakamoto” -- remains a mystery. It is not known if it is a single person or a group of people or an organization who started it, but Bitcoin went viral online in a short amount of time.