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Tag: bitcoin bubble burst prediction

The Bright Libertarian

Posted onAugust 30, 2019 by Kerry L

No Bitcoin Bubble Unless It Grows Over $2000 By March 2017 Bitcoin, the peer-to-peer digital currency that was launched in 2009 by Satoshi Nakomoto, is now being used by major retailers (both online and offline) as a payment method. So banning the banks from transacting with bitcoins is like closing the government’s only eye for tracking any laundering of funds through bitcoins and altcoins. The developer has recently cashed out multiple times – he was once paid over 200,000 by the Bitcoin Foundation for his contributions. The power of such a decentralized network is that economic value and governance are distributed among the network’s stakeholders (i.e. miners and consumers) rather than concentrated in a single organization (e.g. banks, governments &[…]

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