The first transaction using the "#البتكوين " coin was on May 22, 2010, when a programmer named Laszlo Hanyecz bought a pizza for 10,000 bitcoins, which is now worth about $99 million after the rise in the value of the bitcoin currency.
Bitcoin originated in 2008, when an anonymous person named Satoshi Nakamoto published a paper online about the concept of Bitcoin. He then created a team to develop the project online and published the paper in 2009 via a mailing list. In the same year, on January 3, he launched the first 50 units of Bitcoin.
Nakamoto withdrew from the project and disappeared in 2010, and other developers completed work on the idea. Bitcoin has become a subject of great debate and controversy among entrepreneurs, investors, and stock traders. There are those who strongly support it, and there are those who oppose it and refuse to deal with it.
This electronic currency has achieved great spread despite its age of no more than eight and a half years, and despite the existence of more than 800 electronic currencies, “Bitcoin” is the oldest, most valuable and most famous electronic currency.
Bitcoin is a digital currency that is not subject to control or a central authority such as governments or banks, and is issued using computers and devices dedicated to this process.