The birth of crypto (told in a way no one else does)
āA joke that turned into a trillion-dollar storyā
Today, crypto is all about charts, indicators, and the eternal debate:
āBull market or bear market?ā
But in the beginning, it was just:
one computer,
a bit of math,
and a whole lot of confusion.
So here it is ā the first 5 cryptocurrencies in chronological order, starting with Bitcoin:
who created them, why they were born, what inspired them, and the most important question:
āHow did people actually earn these coins back then?ā š
š„ 1. Bitcoin (BTC) ā 2009
The manifesto of someone who said: āI donāt trust banks.ā
š¹ Creator:
Satoshi Nakamoto
(real person, group, or alien ā still unknown š½)
š¹ Why was it created?
Banks collapsed in 2008
The bill was sent to ordinary people
Satoshi asked a simple question:
āDo we really need to trust middlemen with our money?ā
š¹ Inspired by:
Cryptography
Mathematics
The philosophy of ādonāt trust, verifyā
š¹ How was it earned?
āļø Mining
Run a computer
Solve math problems
Earn BTC
š Fun fact:
Bitcoins mined on laptops in 2009 are now a retirement plan.
š„ 2. Namecoin (NMC) ā 2011
āBitcoin is cool⦠but what if we also fixed the internet?ā
š¹ What was the idea?
Bitcoin shouldnāt be just money.
Websites shouldnāt be censored or shut down easily.
š¹ Inspired by:
Directly by Bitcoin
The first-ever fork (yes, the first crypto breakup š )
š¹ What did it do?
.bit domain names
No central authority, no censorship
š¹ How was it earned?
āļø Merge mining
Mine Bitcoin
Earn Namecoin at the same time
One machine, two salaries
š Namecoinās message:
āBlockchain is more than just money.ā
š„ 3. Litecoin (LTC) ā 2011
Bitcoinās faster, more practical sibling
š¹ Creator:
Charlie Lee (from Google to crypto)
š¹ What was the problem?
Bitcoin was slow
Fees were annoying
Not great for daily payments
š¹ The solution:
Faster block times
Cheaper transactions
š¹ How was it earned?
āļø Mining (Scrypt)
The golden age of GPU mining
The era of āWhy is my graphics card on fire?ā š
š Classic comparison:
If Bitcoin is gold ā Litecoin is silver.
š 4. Peercoin (PPC) ā 2012
āWhat if we made money without burning electricity all day?ā
š¹ The problem:
Mining consumes a lot of energy
Electricity bills go crazy
A greener solution was needed
š¹ The idea:
āļø PoW + PoS (hybrid)
Mine a little
Hold a little
Earn from both
š¹ How was it earned?
āļø Mining
š° Holding coins in your wallet
š Peercoin philosophy:
āLet your money work, not your computer.ā
š¶ 5. Dogecoin (DOGE) ā 2013
They said āLetās make a jokeā⦠the world laughed ā then bought it
š¹ Creators:
Billy Markus & Jackson Palmer
š¹ Was it serious?
Not at all š
Crypto was getting too serious, so they made fun of it.
š¹ Inspired by:
Litecoinās infrastructure
Internet culture
š¹ How was it earned?
āļø Mining
šø Tips
š Community giveaways
š Plot twist:
Elon Musk showed up ā the joke became very serious š
š Final Thoughts
Today we talk about DeFi, NFTs, and AI coins, but it all started here:
Bitcoin ā āWhat is money?ā
Namecoin ā āWho controls the internet?ā
Litecoin ā āLetās make it faster.ā
Peercoin ā āLetās save energy.ā
Dogecoin ā āLetās have some fun.ā
š¢ If you donāt know crypto history, youāll always buy the hype at the top.
āHistory doesnāt repeat, but it rhymes.ā
@BITWU @CZ @Yi He @Binance Square Official @Binance News @Binance Announcement $ę¶äæä¼é¹ #ę¶äæä¼é¹


