15 years after the first Bitcoin payment. Opinion
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Neither my husband nor I could attend due to health problems, but two workers of my husband and other hivers of the @hivecuba community were in charge of giving us the minute-by-minute data of everything that was happening.
Despite the experience, many colleagues have written about the event, the quality of the event and everything that happened in @laflordezapata in, Havana, Cuba.
Today, I want to address a few issues about the event that led to this event which, as many know, happened on May 22, 2010.
The first documented payment for a pizza with Bitcoin was made by Laszlo Hanyecz who on the aforementioned date bought two Papa John's pizzas for 10000 bitcoins. The importance of this event was that it marked the beginning of the use of cryptocurrencies in the real world.
Barely 15 years have passed and the development experienced by cryptocurrencies has surpassed all specialists' criteria.
Today, Bitcoin is regarded as a form of digital money and a store of value. For many, it is preferable to traditional currency because it can be a refuge against inflation, currency devaluation and instability of economies.
The other significant element that those of us in this ecosystem benefit from is that Bitcoin has driven the development of Blockchain technologies and thanks to them we can conduct our business relationships through cryptocurrencies.
I recognize that I am not an expert on the subject and I have had to study a lot. Two days ago my partner in the garage sale venture asked me what I could buy with this type of currency and this was my answer:
I can use it to pay in cafes, restaurants or bars, as was done at the Bitcoin Pizza Day. Also, it can be used in e-commerce, to pay for some services, exchange currency for traditional currency or as a way to invest.
But, what has most caught my attention is the increase in the price of Bitcoin, which in 15 years has risen from practically 0 to more than 69 thousand dollars. It is true that this can change due to different factors such as regulation, market trends and other factors of the economy and finance.
This currency is of great importance today and has changed the way many of us look at money.
Bitcoin introduced the concept of decentralized digital money and based on Blockchain, it can offer financial services to individuals and/or banks; transactions are carried out with the utmost transparency. Another significant element is that transactions can be made without intermediaries, which avoids third party controls and possible scams.
Another significant aspect is that many investors prefer this type of currency to traditional currencies.
Finally, I could add and suggest that saving money in this type of currency is an option that guarantees to have a future more or less covered monetarily, especially for people like me who are retired and do not have abundant sources of income.
Key: I thank @nony and @theinfiltred for all the information and help provided to make this publication.
Note: I used the translator DeepL Translate.
I took the images from Pixabay.
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