10 Years old startup becomes the 11th largest money supply

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Bitcoin was launched in 2009, and since then it had a rollercoaster of a journey. From a slow start to reaching its peak business time to hitting back to lows again, it has been a crazy journey for the coin as well as the people who were associated with it.

All the hard work and years of trust has finally paid off, and now Bitcoin is the 11th largest money in the whole world. Created from an anonymously published 9-page whitepaper, Bitcoin has been a game-changer for investors and inspiration for many startups that followed it’s steps.

Bitcoin has a limited mathematical supply which has helped it in being used increasingly as a store of value and an associated climb in the price. If we look at the market cap of Bitcoin then it is ahead of the national currencies of Brazil, Mexico, Canada, South Korea, and Australia.

The value of all the bitcoins created till now is $0.21 trillion, which is just a little short of the global supply of Russian rubles.

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Vineet Chaudhary
Vineet Chaudhary
Vineet Chaudhary is a content writer with computer applications as his background field. His interests range from writing and photography to going out for trips and rides on weekends.

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