Bitcoin As An Alternative

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itcoins

in

Alternative financial
markets

Bitcoin is one of the


first digital
currencies which use
peer-to-peer
technology to
facilitate instant
payments.

The domain
name
"bitcoin.org" is
registered.
18/8/2008
The first bitcoin
block is mined.
3/1/2009

First bitcoin
transaction to
buy a physical
product takes
place.
21/5/2010
Bitcoin economy
passes US $1mn.
6/11/2010

First Bitcoin
transaction from
Satoshi to Hal
Finney took
place.
12/1/2009
2008

2010

2009

First version of
bitcoin software
Bitcoin v0.1 is
released
9/1/2009

Chinese
government bans
Chinese banks
from carrying out
bitcoin
5/12/2013
transactions

First bitcoin
conference held
in NYC.
20/8/2011

2011

2012

1 Bitcoin equals 1 US $.
9/2/2011
The most widely
used bitcoin
currency
exchange
market, mt.gox,
is established

Someone using
Bitcoin market is
the name Satoshi established.
Nakamoto makes Trading begins
an
on this 6/2/2010
site.
announcement
regarding the
new electronic
cash system with
no trusted third
party on the
Cryptography
Mailing List
31/10/2008

17/7/2010

2013

FBI cracks "Silk Road"


15/10/2013

Total Bitcoin
market
capitalization
crosses US
$1bn.
28/3/2013

Payment Freedom
Very low fees
Fewer risks for
Merchants
Security and Control
Transparent and
Neutral

Degree of acceptance
Volatility
Ongoing
development

Current Value

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