To define it first, cryptocurrency is an internet-based means of financial exchange that allows for transactions to take place digitally. It uses blockchain technology to have decentralization, immutability, and transparency. Its users find the anonymity appealing and how their investments, stored in digitized wallets, can quickly grow. The first cryptocurrency ever to be created was Bitcoin, making it still the most popular today. Various crypto events have taken place over time, and this article will explore some of them.


It was on 3 January 2009 that Bitcoin’s network came into being. It was the genius of a group known as Satoshi Nakamoto, but whether that is the name of its actual inventor is anyone’s guess, because they remain anonymous to this day. The first block number 0 bitcoin was mined on its inception with a reward attached to it of 50 Bitcoins. Embedded in its coinbase were the words: ‘The Times Jan/03/2009 Chancellor on the brink of second bailout for banks.’ So, there we have it, that was how the Bitcoin was born.

By buying Bitcoins, users are contributing to the network and so sharing the burden in relation to authorising transactions. This sharing of work in turn is resulted in lower, to negligible, costs per transaction.

As a cautionary note, users should be sure not to lose their private key to access their Bitcoins and note that Bitcoin transactions cannot be reversed.

What was once considered a futuristic form of investment is now something that is taking the internet by storm. There is no shortage of investors for this cryptocurrency that can make a good investment, be traded in, or used for online purchases. Particularly those where anonymity is required.


Litecoin went live on 13 October 2011. It exists as a source code fork pertaining to the Bit Core client, differs primarily in having a two-and-a-half-minute decreased block generation time, offers an increased number of maximum coins, and has a different hashing algorithm. That is, scrypt rather than SHA-256. Its GUI has also been slightly modified.


Ripple, initially released in 2012,is considered the third largest cryptocurrency. Its coin is pre-mined and labelled as XRP. Its creator was Chris Larsen.

The main advantage of ripple is that it will work directly with banks. It has an exceptionally fast platform that allows for its transactions to happen within 5 seconds.


Ethereum, launched in 2015, is the second largest of the cryptocurrencies (by market cap) after Bitcoin. Although is behind Bitcoin by some considerable margin.

This cryptocurrency boasts not being regulated by government authorities or entities, the fact that it was developed as open source, and that its smart contracts guarantee security. In addition, it is difficult to fake and cheaper.


The Cardano cryptocurrency was also launched in 2015. Its internal cryptocurrency is referred to as Ada. The Cardano Foundation, based in Zug, hence the name, founded this cryptocurrency. It was an open source project with the aim of running a blockchain platform that is public and for smart contracts.

Ada refers to itself as the 3rd generation cryptocurrency, with the aim of tackling the kinds of infrastructure and scaling problems that would occur with Bitcoin, the 1st generation of cryptocurrency. Ethereum is 2nd generation.

So, some historical events in relation to cryptocurrency. Bitcoin was the first and other cryptocurrencies have been created since for primarily the same reasons. They make excellent future investments in that they represent digital ways to pay and are limited in terms of their future supply. This means that values are likely to rise in the long term rather than fall. In the short term, there are investment gains to be had from the fluctuating prices in the markets for cryptocurrency.

What Is a Crypto Card and Should You Use One?

With more and more people jumping on the bandwagon with Bitcoin and other cryptocurrencies by the day, it was only a matter of time before new ways to use those currencies surfaced. Crypto cards are among the most promising of these options, but many people are still trying to determine whether they’re a good fit for their needs. Here’s a closer look at what you need to know to make an informed decision for yourself.

What Is a Crypto Card?

Cryptocurrency cards are actually very similar to standard bank-issued debit cards. Like debit cards, crypto cards give you a simple, easy way to use your funds to pay for everyday expenses. Also, like debit cards, crypto cards are plastic cards that allow cryptocurrency users to leverage the credit card infrastructure that’s already out there.

Millions of merchants worldwide accept plastic payment options like Mastercard or Visa debit cards, and most consumers are very comfortable using them by now. Crypto cards offer a similarly seamless way for merchants to accept cryptocurrency as payment for goods or services. In fact, a particular cashier probably wouldn’t even know you just paid for your gas or groceries with cryptocurrency.

Are There Different Types of Cards?

As with debit cards, there are two major types of crypto cards out there. The first is the prepaid variety. Prepaid crypto card users decide how many Bitcoins or other currency units of their choice they’d like to spend. The card issuer converts the currency into the equivalent amount of fiat money and loads it onto the card. At that point, the card can be used as easily as any other payment card.

The second type of crypto card works more like a standard bank debit card in that it provides seamless access to your funds. An automated exchange system handles the task of converting your funds on the spot, making your cryptocurrency as easy to use as the funds in your bank account.

Is It Worth It to Get a Crypto Card?

Although it’s ultimately up to you whether you make a move to get a card or not, you’ll want to be aware of the benefits, as there are many of them. They include:


If you’re like many modern people, you’ve become accustomed to how convenient it’s become to have things your way more of the time over the years. If you’re into cryptocurrency, a crypto card gives you another simple, easy way to finance your life without a lot of unnecessary steps.


As with debit cards, most crypto cards are issued through either Mastercard or Visa, so you can use them anywhere in the world those are accepted. Being able to pay via cryptocurrency can help financially savvy people bypass financial instability issues in other countries if they often travel, as well. And, as with your debit card, you can use your crypto card to withdraw cash from any ATM in the event you need physical currency.


With a crypto card in your corner, there’s no fuss to worry about when you want to use your cryptocurrency cache to pay your bills, finance a vacation, or anything else you might have in mind. You’re already used to using cards just like it, so you can add to your options without shifting your mindset or getting used to anything new.

What Are the Best Cards to Consider?

As with credit cards and similar payment options, different crypto cards come attached to various benefits. Some options offer you cashback and other cumulative rewards. Some cards are designed to suit those who spend most on everyday purchases like coffee or lunch out, while others are perfect for big spenders who love luxury items.

Be sure to shop around a little before making your decision. Start with this list of top crypto cards, consider the benefits of choosing each, and then take it from there. A better, more streamlined way to pay that lets you take full advantage of your cryptocurrency investment is right around the corner!

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