Bitcoin: Now a Teenager. We Know What Is Ahead?
November 5, 2021
Bitcoin is 13 years old. Zits, staying out late, pushing boundaries, and trying out controlled substances. Did I miss anything.
Oh, yes, these thoughts were sparked by “Bitcoin White Paper turns 13 Years Old: The Journey So Far.” This nine page document by the mysterious Nakamoto entity has set off a fuse in the financial industry.
The write up provides a walk down memory lane. The essay states:
While it isn’t clear whether more countries will adopt BTC as legal tender in the future, or whether interest for Bitcoin ETFs will wane, it appears clear that Bitcoin is here to stay and serve as both a store of value and medium of exchange, and that’s only 13 years after the idea was first introduced. Imagine what will happen in the next 13 years.
Stock up on NFTs and crypto. Keep your eye on tax regulations too.
Stephen E Arnold, November 5, 2021
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