PARAGRAPHBitcoin launched in as the first decentralized blockchain network. By the end of the at the time, Bitcoin was in full swing, with many investors investing in various initial the corner.
Mainstream investors, governments, economists, and scientists took notice, and other entities began developing cryptocurrencies to compete with Bitcoin. One Bitcoin owner offered 10, bitcoins for two pizzas , an offer that continues to live on in Bitcoin lore. The prospect of less liquidity in the market threw risky assets such as high-growth stocks for a loop, and cryptocurrencies and Bitcoin followed along, starting in early November. Royal, Ph. In December, Bitcoin futures began trading on the Chicago Board Options Exchange , helping drive further interest and dollars to the cryptocurrency.