How did the launch of bitcoin change the way people perceive and use digital currencies?

1 answers

• Dec 18, 2021 · 3 years ago
  The launch of bitcoin had a profound impact on the perception and utilization of digital currencies. As one of the first cryptocurrencies, bitcoin introduced the concept of decentralized digital money, which challenged the traditional banking system and offered an alternative financial system. This shift in perception led to a surge in interest and adoption of digital currencies, as people saw the potential for greater financial freedom and control over their assets. Additionally, the launch of bitcoin paved the way for the development of blockchain technology, which has since been applied to various industries beyond finance. Today, digital currencies are seen as a legitimate and innovative form of currency, with numerous use cases and applications.
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