The increasing rise in the value of bitcoin calls for some caution among intending investors.
It’s now at $20k per coin, and it reminds me of how TBC (The Billion Coin) was rising daily until it became a joke. This crazy rise in the value of bitcoin is obviously as a result of people rushing in so as not to ‘miss out’. Now, the coin having enormous demand and very limited supply. Will this finally be a bubble soon to burst? We’d have to keep watching.
What impresses me more however is the technology behind the coin – the distributed ledger technology. The block chain is very powerful beyond measure, just like the internet, and it’s for sure going to change how we see and do transactions in future.
Sincerely, thank you for reading.
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