The crypto world #
Cryptocurrencies were born on November 1st, 2008, when Satoshi Nakamoto sent a message informing about a new electronic payment system. Almost everyone knows the rest of the story, namely that the blockchain technology has gradually been introduced into our lives, as well as in the industrial and financial world.
The new crypto #
At first, cryptocurrencies were seen as mere coins, cash, payment methods. Their use was limited to carry out and receive transactions involving themselves, like any FIAT currency, but gradually, the concept started developing and new functions were included in the newly emerging cryptos, until the appearance of Ethereum, the first cryptocurrency to store intelligent contracts and create tokens and NFTs within its blockchain.
From that moment on, DeFi was born, a financial system trying to provide an alternative to the traditional system, allowing its users to participate in the income generated by a bank, foreign currency exchange office, broker, etc.
The development has been explosive, but nowadays its use is very limited. The adoption of cryptocurrencies has multiplied within a few years. Who does not have BTC, DOGE, SHIBA…? Even if they are present in a small amount, cryptocurrencies have increased in popularity, but most individuals buy them thinking that in the future they will become rich if their price goes up and stop digging deeper.
