Crypto currency news

[Noorealamhimo]

By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight.

Bitcoin’s rally stopped short due to a lack of trust and high volatility, rather than any state intervention. That was when people realized crypto assets needed a bridge to financial world, based on our own terms. This was the impetus to create “stable cryptocurrencies,” or stablecoins.

 

[sincerem]

That shows how long long Bitcoin started it's journey to rise to stardom and became very popular in the midst of people. Gradually it is about to become a global adopted means of transactions just as PayPal is. Just take a look at the price back then in 2013, peaking at $1,000 back then, now it is worth over $34k currently today. Even those that neglected and rejected the coin earlier then came back today to invest on it hoping to make gain. When the owners created it, they had vision that the coin will be a mainstay in the digital world and is already shaping to be the way they planned it.