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Here’s What You Need to Know About Bitcoin’s Skyrocketing Value – ScienceAlert
Bitcoin continues to trade close to its all-time high reached this month. Its price is at the time of writing around US$34,000 – up about 77 percent over the past…
Bitcoin continues to trade close to its all-time high reached this month. Its price is at the time of writing around US$34,000 – up about 77 percent over the past month and 305 percent over the past year.
First launched in 2009 as a digital currency, Bitcoin was for a while used as digital money on the fringes of the economy.
It has since become mainstream. Today, it’s used almost exclusively as a kind of ‘digital gold’. That is to say, a scarce digital asset.
In response to the risk of economic…
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