Although the price of bitcoin has been rising in recent years and various cryptocurrencies have emerged, in fact only 19% of the world’s population is using cryptocurrencies. At present, both cryptocurrencies and blockchain technology are in an early stage of popularization. Only a few people understand the working principle of cryptocurrencies, and even more people do not understand cryptocurrencies at all and think that this is only a new type of fraud.
It is not easy for Bitcoin to go today. During the period, it experienced various ridicule and sarcasm. The price also fluctuated. It gradually approached the public’s vision from a small corner. It also gave birth to a great technology called blockchain. It can be said that there is no bitcoin. There is no development of blockchain technology. According to data, by 2019, Bitcoin’s cumulative transaction fees have exceeded $ 1 billion, which can also be regarded as a milestone year in the history of Bitcoin.
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