3 reasons why bitcoin has a golden future
On January 3, 2009, the bitcoin (BTC) blockchain went live. It was created as an alternative payment system free from central control. Where bitcoin was virtually worthless at first, over the years we have seen an extreme rise in price. For example, bitcoin reached a record high of $69,044 in November 2021. Currently, we are hovering around $23,000. A further rise in price depends on a number of factors. For example, inflation, the ‘havling’ of bitcoin and institutional adoption all play a role in further price movements.