Launched in 2009, which literally started thousands of other projects since then, Bitcoin has become known as the largest of the Crypto-Coins, the most well-known. Over the last few years, the set of technicalities that constitute Bitcoin as technology, making it work as a radically innovative protocol, has come to call attention in a variety of markets.
From major corporate technology market players such as Microsoft and IBM to public agents such as the governments of the United Arab Emirates, Singapore, and Estonia, the usability of the blockchain, the mechanism behind Bitcoin's operation, has changed the way we understand what it is trust.
Satoshi Nakamoto himself may have had more modest ambitions for what is now hailed as the greatest technological transformation under way.
In summary, bearing in mind the impacts it has generated, the blockchain can be synthesized as a new way of establishing trust in finances and business, adding security and transparency to numerous processes.
An important indication of this rise is the historic highs in technology adoption and bitcoin prices as witnessed by the market in recent months. Every day, the relevance of bitcoin's quotation becomes even greater.
Like the protocol itself, the market that values it is free and decentralized, indicating that the increasing reliance and reputation placed on technology is the result of an increasingly large and fast process. There is more and more skin in the game involved in this market, even large institutional investors. Therefore, knowing it and offering solutions are essential activities for any large company.
Given the proportions, it is even possible that it can contribute to its business in a similar way as it did with investors who have already been enjoying the benefits that Bitcoin has to offer as digital gold, especially in recent years. Many of those who studied Bitcoin in the early years came to invest at least part of their savings in the digital currency because of the transformative technology it represents in the field of payments.
If you look back, some may think it is just a passing wave. However, it is possible to point out grounds for pointing out that Bitcoin is the tip of the iceberg. As in the internet in 1990, which could be done with more than sending and receiving e-mails, Bitcoin and other crypto-coins as extraordinary financial solutions may be in childhood today that the blockchain has allowed us to create in 10 years.
And remember: being a pioneer in innovation usually brings rewards, as someone who knew Bitcoin in his childhood does not tire of remembering us.
