history

Brief history
of Bitcoin

The story of Bitcoin began in 2008, when an unknown person or group using the name Satoshi Nakamoto published the now-famous Bitcoin white paper: "Bitcoin: A Peer-to-Peer Electronic Cash System." This groundbreaking document introduced the concept of a decentralized digital currency powered by blockchain technology.

In January 2009, the Bitcoin network officially launched with the mining of the genesis block, also known as Block 0. The first-ever Bitcoin transaction took place shortly after, when Nakamoto sent coins to developer Hal Finney, marking the start of a new financial era.

At first, Bitcoin had no official market value. In 2010, a famous event known as "Bitcoin Pizza Day" set an early benchmark, when a programmer paid 10,000 BTC for two pizza - the first real-world purchase using Bitcoin.

Over the following years, Bitcoin grew from a niche idea embraced by tech enthusiasts to a global digital asset. By the mid-2010s, exchanges, wallets, and payment processors expanded accessibility, allowing millions of people worldwide to buy, sell, and use Bitcoin.

Today, Bitcoin is recognized as both a store of value and a medium of exchange, influencing the entire cryptocurrency industry and inspiring thousands of alternative coins and blockchain projects.

Advantages of

BitCoins

Decentralization and Freedom

Bitcoin is not controlled by any government, bank, or central authority. This gives users full control over their money and the freedom to send or receive payments worldwide without restrictions.

Security and Transparency

Every Bitcoin transaction is verified and recorded on the blockchain, a public ledger that cannot be altered. This makes Bitcoin highly secure, transparent, and resistant to fraud or double-spending.

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Low Transaction Costs

Unlike traditional banking or international transfers, Bitcoin payments often come with much lower fees. This makes it especially valuable for sending money across borders quickly and cost-effectively.

Scarcity and Investment Potential

With a maximum supply of only 21 million coins, Bitcoin is a scarce digital asset. This limited supply makes it appealing as a hedge against inflation and an attractive long-term investment opportunity.

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Decentralised betting with crypto

If you want a next-generation platform where you can profit from real-world knowledge, Polymarket offers unique advantages that traditional betting or brokerage systems can't match. With blockchain technology - stablecoins, and Bitcoin compatibility through crypto wallets, Polymarket empowers users with transparency, flexibility, and global access.

1. Decentralised & Transparent Prediction Markets
Polymarket is a blockchain-based decentralised platform where you trade on the outcome of real-world events - elections, finance, sports, pop culture, and more. Because every transaction is handled on-chain, users benefit from full transparency, verifiable market data, and public settlement. Unlike traditional betting platforms, Polymarket cannot manipulate odds or payouts.

2. Crypto-Friendly Platform With Bitcoin Compatibility
Polymarket is a crypto-native platform, and users can connect popular wallets (MetaMask, Coinbase Wallet, Ledger, etc.) to deposit funds using crypto. Even though trading occurs in the stablecoin USDC (to avoid volatility), users can fund their wallet with Bitcoin (BTC) through wallet swaps or exchanges and then seamlessly convert to USDC for betting. This offers:
- Fast global deposits via Bitcoin
- No bank restrictions or credit card limitations
- Freedom from centralized payment systems

Bitcoin users enjoy full access to prediction markets without relying on traditional banks.

3. Trade Out of Bets Anytime - Not Just Place Them
Unlike standard betting where you are stuck with your ticket, Polymarket lets you buy and sell shares in outcomes at any time before an event settles. This makes prediction markets operate like financial assets, you can:
- Sell early for profit
- Cut losses quickly
- Hedge against risk
- Ride market trends

This flexibility turns betting into strategic trading, not blind gambling.

4. Low-Cost Entry, Stable-Coin Settlement
Because Polymarket uses USDC (pegged to the U.S. dollar), you are protected from crypto price swings while still enjoying Bitcoin-friendly access. Many markets also feature low or no trading fees, allowing you to keep more of your gains. For Bitcoin users, this means you get crypto benefits without crypto volatility.

5. Global Access With No Traditional Limits
Since it is decentralised and powered by blockchain, Polymarket is accessible worldwide (where regulations permit).There are no borders, no middlemen, and no bank approvals - just a wallet and crypto like Bitcoin or USDC. You can trade prediction markets 24/7 from anywhere.

6. Real-Time Odds From the Wisdom of the Crowd
Prediction market prices reflect real-time probabilities formed by thousands of traders. They aggregate expert knowledge, news, analysis, and sentiment - making Polymarket one of the most accurate forecasting tools on the internet. For traders, researchers, and crypto investors, this turns Polymarket into both a profit tool and an information source.

Bet with Bitcoin prediction markets
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Customers

Using Bitcoin to send money to family overseas was a game changer. The transfer cleared fast, fees were tiny compared with bank wire costs, and I could track everything in my wallet. Easy to use even for a beginner I highly recommend trying it.

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Allen Miller

I bought my first hardware wallet after learning about BTC here. The site guides made setup painless and I feel much more secure holding crypto directly. The price swings are stressful sometimes, but holding long term has worked out for me so far.

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Mandy Rose

As a small online seller, accepting Bitcoin reduced chargeback headaches and brought in new customers from abroad. Converting to fiat is simple through my exchange, and payouts arrive reliably. A solid addition to our checkout options.

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Sara Williams

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