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Vishu Bheda
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Medial • 8m
In 2013, crypto was a joke. Today, it's a movement. Cryptocurrency users have grown from 1 million to 833 million in a decade. The unstoppable rise of digital money: 2008: Satoshi Nakamoto creates Bitcoin amid the financial crisis. 2015: Vitalik Buterin launches Ethereum, introducing smart contracts. This quickly became the primary platform for building decentralized apps. 2017: ICO boom. $5 billion raised for new crypto projects. Many innovative. Many more were scams. The bubble burst, teaching valuable lessons about regulation and due diligence. 2018-2019: "Crypto Winter". A necessary reset. 2020: The tide turns back in favor of blockchain. 2020-2021: Institutional adoption takes off. - MicroStrategy buys $425M in BTC. Tesla follows with $1.5B. - El Salvador adopts Bitcoin as legal tender. DeFi explosion: Total Value Locked grows from $1B to $100B in a year. Today, crypto providing borderless and permissionless alternatives to banks.
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