HISTORY OF CRYPTOCURRENCY The History Of Cryptocurrency Spans SEVERAL ERAS, EACH MARKED BY SIGNIFICANT INNOVATIONS AND DEVELOPMENTS. 👇👇👇👇
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1.PRE-BITCOIN ERA (1980s-2008) Early concepts of digital money emerged, with David Chaum inventing eCash in 1983, a cryptographic digital currency focused on privacy and anonymity. Other notable developments include DigiCash, Bit Gold, and Hashcash, which laid the foundations.
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2.THE BIRTH OF BITCOIN (2008-2009) Satoshi Nakamoto published the Bitcoin whitepaper in 2008, introducing blockchain technology and a decentralized network. The Bitcoin network launched in January 2009 with the mining of the Genesis Block.
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3.EARLY GROWTH (2010-2013) Bitcoin gained its first market price and was used for real-world purchases, such as the infamous "Bitcoin Pizza Day" in May 2010. Other cryptocurrencies like Litecoin, Namecoin,Ripple emerged, offering faster transactions and decentralized solutions.
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4.EXPANSION AND ICO BOOM (2014-2017) Ethereum launched in 2015, introducing smart contracts that enabled decentralized applications (dApps) and Initial Coin Offerings (ICOs). The ICO boom saw projects raise billions, but many scams and failed ICOs led to regulatory scrutiny.

Sep 12, 2025 · 11:21 AM UTC

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4.DECENTRALIZED FINANCE (DeFi), It rose to prominence, allowing lending, borrowing, and trading without intermediaries. Non-Fungible Tokens (NFTs) became mainstream, with digital art and collectibles gaining significant attention.
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MODERN ERA AND REGULATION (2022-Present) The crypto winter of 2022 saw major crashes, but regulators intensified scrutiny globally. The industry is shifting toward greater regulatory clarity, institutional adoption, and the rise of Central Bank Digital Currencies (CBDCs).