Will Bitcoin be the currency of the future?
It’s bitcoin season again. The time of year when the world’s most famous and least understood currency explodes in value – seemingly for no reason. In March last year, a single bitcoin was worth $5,000. In December, it hit $20,000 for the first time. As we came into the new year, $30,000. And just days later, it’s now $40,000. It has those already on the Bitcoin train guessing at where it goes next. So exactly what is driving this increase? And could Bitcoin be a new safe haven?
This 24min clip is a fantastic up to date view of where this exciting new currency is at.
Did you know there is a limit of 21 million BTC’s?
The total Gold market is currently at $10T