Bitcoin Hits $15,000 For The First Time; Could It Save The World? - News Summed Up

Bitcoin Hits $15,000 For The First Time; Could It Save The World?


Bitcoin, the enigmatic and sometimes mysterious cryptocurrency, has now crossed the $15,000 per coin price threshold for the first time, leaving boosters and the curious alike to wonder if there's anything the digital asset can't do. Today, despite being kicked out of the popular gaming platform Steam, the price of Bitcoin has soared by thousands more dollars. While most people buy their Bitcoin via exchanges like more traditional currencies that are issued by central governments, there is no government issuing new Bitcoin. This is why digital Bitcoin prospectors are setting up farms packed with processors. It's time to consider the many potential upsides of Bitcoin beyond just fattening digital wallets.


Source: Forbes December 07, 2017 11:48 UTC


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