"Stocks, bonds, gold and bitcoin--monetary assets that not usually move in unison--have nearly all been racing this spring, confounding financiers.
" why has bitcoin grown to be one of four key assets included in such overview of the markets? From the 2009 introduction as a private money championed by libertarians and cyberpunks to a technological innovation lauded by entrepreneurs and analyzed by central banks, bitcoin has grabbed the creative imagination of many, raised worry among others, and transferred thru countless regulative phases in various regions, all within just 10 years.
In mid-2018, during the time of writing, bitcoins can sell for roughly $7,499 each. Supported by nothing except other people's valuations, lots of observers see bitcoins as a twenty-first century bubble. But there are some other plausible story lines. Bitcoin could triumph over its current technological obstacles, build on its accomplishment, and turn "the future of money." Or bitcoin could be the historical antecedent for a few future, privately issued digital currency (or currencies).
Finally, interest in independently issued currencies could fade away altogether. While we cannot guess bitcoin's destiny, we do genuinely believe that its short history offers lessons concerning the challenges of launching a unique money.
So, before you start that ICO, write that whitepaper with your dogs name followed by the word: coin, consider the ups and downs of the big ones. It might just be full of lessons!
Good luck
Cheerio
-Brightfocus
