Speaking to the Annual Shareholders meeting of Berkshire Hathaway, Munger said that someone had created Bitcoin out of thin air. He also criticized BTC’s extreme volatility and the lack of regulation. The leading cryptocurrency bitcoin gained nearly 5% in the last 24 hours. At the time of writing, Bitcoin is trading above $58,000 with a more than […]
When Satoshi Nakamoto published the Bitcoin whitepaper back in 2008, a significant part of his definition of Bitcoin and its function included the elimination of a middleman in the process of transacting. The whitepaper reads in part, that Bitcoin “would allow online payments to be sent directly from one party to another without going through […]
TL;DR Breakdown Bitcoin has maintained its upward trend for a year. Bitcoin will gain value if it is adopted as Digital Gold. The digital asset has had a violent journey since it was created 11 years ago, taking the last year as a priority. The COVID-19 outbreak not affected the BTC value only but also […]