Bitcoin was founded in 2009 by author Satoshi Nakamoto he/she explain the concepts of the idea on a bulletin board.

Simply as a person to person technological payment methods. Back then the price of bitcoin was free as long as you compute the mathematical problem for solving a block such problem was 2 + 2 and when a block is mined a new math problem is increamented by the miner of that hash.

When you mined a block in 2009 you will receive a 50 worth of bitcoin as a reward for mining the block plus all the transaction fee included in that block you can also redeem a roughly 1+ bitcoin in faucet website before.

The value of bitcoin gradually increase because every 210k block or estimatedly 4 years the block reward will be halve, or what they call cutting the block reward in half in short term halving.

Block Reward Today.

Now if you reflect on that idea in the next 14 years or 2036 the block reward will be 0.78125 bitcoin imagine what could be the possible price of bitcoin in the Philippines by then.

I can only speculate a number of figures however I'm not a professional trader by nature so I'm just thought-provoking that maybe the price of Bitcoin Cash will be the price of Bitcoin today in that year.

What do you think? Let me know in the comment.

Disclaimer: Ideas and opinions presented in this article are solely based on my own experiences and knowledge no part of this article shall be plagiarist.

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