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Wednesday, June 25, 2025

Evolution of cryptocurrency and the importance of awareness - The Financial Express

The concept of a peer-to-peer electronic cash system, termed cryptocurrency, first appeared in a paper published by a pseudonymous author named Satoshi Nakamoto
For decades, investments were limited to assets such as real estate, gold, bank deposits, and stocks. In recent years, a new investment class has taken the limelight: crypto. These digital assets that have brought exceptional returns to investors, promise to disrupt monopolised financial systems, and now everyone wants a stake.
The concept of a peer-to-peer electronic cash system, termed cryptocurrency, first appeared in a paper published by a pseudonymous author named Satoshi Nakamoto, in 2008. In 2010, the world’s first cryptocurrency, Bitcoin, was used for the first time in a transaction. From that day, when 10,000 Bitcoin were used to buy two large pizzas, to the day when Bitcoin traded for $69000, the journey of cryptocurrency across the world, and in India, has been nothing short of a rollercoaster ride. Let’s track...



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