In this blog, we curate relevant and remarkable content related to blockchain, cryptocurrency and the digital economy. This insightful piece by Billy Bambrough published on Forbes suggests that, based on available data, bitcoin has indeed radically changed. Read on.
“Bitcoin, which has exploded back into the public consciousness over the last few months due to its surging price and a raft of positive cryptocurrency developments, is still a relatively new technology, just into its tenth year.
The bitcoin price, the biggest driver of bitcoin and cryptocurrency awareness, has gone from pennies per bitcoin 10 years ago to around $8,000 and has thrust crypto into the investment limelight as individuals and institutions scramble to grab a slice of the bitcoin pie.
Now, research has found bitcoin has matured as an asset, evidenced by analysis of increasingly complex bitcoin and cryptocurrency conversations (mostly), a drop in fraud concerns, and people talking more about the future of bitcoin than the past.”