Example:
Step 1: Day 1 of bitcoin software got deployed in System A, A created Genesis Block and got awarded 50Coins. - I understand
Step 2: System B got installed bitcoin but no coins.
Question:
1) So only System A has 50 Coins, then how the transaction going to happen.
2) How come the Coins converted to the value of real money. I mean it is like someone writing "GOLD" on paper and hand it over to you. But it is not real gold, so no one going do any transaction for this paper.
Basically, I want to know about initial bitcoin flow and how it got multiplied. How people converting to real money.