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The concept first gained traction in online gaming and social networks.

: Bitcoin traded for less than $0.10 in 2010 but surged to over $1,100 by late 2013 and nearly $20,000 by late 2017. buy virtual currency

: This volatility was driven by forward-looking investors and "shocks" to speculator beliefs, rather than its use as a standard medium of exchange. Real-World Incidents and Legal Struggles The concept first gained traction in online gaming

: In 2008, a pseudonymous developer named Satoshi Nakamoto introduced Bitcoin as a reaction to the global financial crisis. It used blockchain technology to prevent "double spending" without needing a central bank. The Boom and Volatility buy virtual currency