At the inception of Bitcoin, how much was it worth?
Uriel GranadosDec 29, 2021 · 3 years ago3 answers
Can you provide some insights into the initial value of Bitcoin when it was first introduced?
3 answers
- Dec 29, 2021 · 3 years agoBack in 2009, when Bitcoin was first launched, it had no intrinsic value. In fact, its initial worth was practically zero. It was only through the gradual adoption and recognition by the community that Bitcoin gained value over time.
- Dec 29, 2021 · 3 years agoAt the inception of Bitcoin, it was worth less than a penny. It's hard to believe that something that was once considered virtually worthless has now become a global phenomenon and a store of value for many.
- Dec 29, 2021 · 3 years agoWhen Bitcoin was first introduced, its value was not determined by any external factors. It was purely based on the demand and supply dynamics within the small community of early adopters. As more people started to recognize its potential, the value of Bitcoin began to rise steadily.
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