It’s a massive windfall for those who HODL’ed through its ups and downs, even as it continues to provide fodder for get-rich-quick schemes. For some, the never-ending fantasy of continually hitting that payoff still helps to keep Bitcoin’s momentum going.Nothing else comes even close to beating it. Bitcoin, instead, is run by a network of computers that keep track of all transactions on the blockchain ledger. A few large retailers are accepting payment in Bitcoin but it hasn’t been the large-scale embrace so many had predicted. “That would not shock me.”But beyond next year, “Bitcoin is finding its own narrative as digital gold,” he said.

Source: Economic Times December 31, 2019 05:26 UTC