Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.

On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”

Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.

Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.

It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.

The entire cryptocurrency market — now worth more than $1.3 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitous-ness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.

US Dollars & Bitcoin share the following common features:

1. Scarcity 

2. Durability 

8. Mass Adoption

Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.

As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. At the moment of Bitcoin’s launch, the reward was 50 bitcoins per block: this number gets halved with every 210,000 new blocks mined — which takes the network roughly four years. As of 2020, the block reward has been halved three times and comprises 6.25 bitcoins.

Bitcoin has not been premined, meaning that no coins have been mined and/or distributed between the founders before it became available to the public. However, during the first few years of BTC’s existence, the competition between miners was relatively low, allowing the earliest network participants to accumulate significant amounts of coins via regular mining: Satoshi Nakamoto alone is believed to own over a million Bitcoin.

1. Cryptocurrency Exchanges: Platforms like Gemini, Coinbase, Binance, Crypto.com, Kraken, and Bitstamp are well-known cryptocurrency exchanges that allow you to buy Bitcoin and other cryptocurrencies. These exchanges often require you to create an account, complete the necessary verification processes, and link a payment method, such as a bank account or credit card.

2. Peer-to-Peer (P2P) Trading Platforms: P2P platforms like Bisq connect buyers and sellers directly. They facilitate trades between individuals, providing a wide range of payment options. These platforms typically have escrow services to secure transactions.

3. Crypto Brokerage Services: Services like Robinhood, eToro, Gemini, and Coinmama act as brokers that allow you to buy Bitcoin and other cryptocurrencies directly from the platform. They may offer user-friendly interfaces and various payment methods, including bank transfers and credit cards.

4. Bitcoin ATMs: Bitcoin ATMs are physical machines that allow you to buy Bitcoin using cash or debit cards. They can be found in various locations worldwide. Websites like Coin ATM Radar can help you locate Bitcoin ATMs near you.

5. If you want to buy Bitcoin without ID & without opening an account you can purchase a maximum up to $1500.00 by using Stripe Click Here. This service is provided directly through Stripe and the fees using this option are high.

Transaction fee = 3% + Network fee = varies

Before choosing any platform, consider factors such as security, fees, supported payment methods, user experience, customer support, and the legality of the platform in your country. It's also essential to be cautious of potential scams or fraudulent platforms and conduct proper research before making a purchase.

Remember to store your Bitcoin securely in a digital wallet that you control, either a software wallet on your device or a hardware wallet specifically designed for storing cryptocurrencies.