0

Background to bitcoin development

Here we look at the background that led to the development of bitcoin. The financial crisis of 2007-08 had gripped the economies of most of the countries across the globe.

In 2007-08, there was a global financial crisis that had hit the economies across countries. It all started with the dot com bust in the year 2000 when a lot of internet-based companies that were valued basis on the eyeballs that they received.

And then came the 9/11 terrorist attack, post which the Fed started reducing interest rates to overcome the deteriorating economic conditions in the country.

 

SEE ALL Add a note
YOU
Add your Comment
 

Instructor Details

Profile Photo
satyakam
More Courses by satyakam

    Advanced Course Search Widget

    Popular Courses

    Course Categories

    Recent Posts

    top
    Disclaimer: Our content is intended to be used and must be used for information purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find in our newsletter or on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.   © KryptoStreet. All rights reserved.
    X