10-07-2019, 03:23 PM
It was something of an underground phenomenon for the first five years, confined to a small circle of computer scientists and technically oriented laymen who were fascinated with that world. It wasn’t until 2014 that others began seeing the potential for blockchain to be used in different ways, and that’s when this sector truly started to become a real business.Because it was anonymous and largely untraceable in its early days - not to mention so technologically advanced that few regulators understood it - Bitcoin was used for some unsavory and criminal activities when it was first created, particularly in drug transactions on the infamous Silk Road dark web.