Say, you have 10,000 bitcoins.
What’s the best thing you can buy?
Will you spend them on pizza, for instance?
This is what a bloke did less than eight years ago. Back then, his 10,000 bitcoins were sufficient to get him a couple of pizzas. With the current price of the cryptocurrency, you could consider buying Pizza Hut. The company.
BTC rose from obscurity to mainstream recognition largely thanks to the incredulous surge in value it saw in 2017. Then, somewhat unsurprisingly, the price went down, sparking yet another heated discussion about the volatile unpredictability of the bitcoin.
Now, discussions are all dandy as long as the participants know what they are talking about and the audience has at least some grasp of the matter. Neither of the above is true, as the vast majority of experts are as clueless about the intricacies of the crypto markets as is the general audience.
The infographic below will not make you a marketing guru but will give you a much better understanding about the driving forces behind the world’s first cryptocurrency, how it came to be, who embraced it first and how governments handle it.
Read through it and you will be better equipped to talk about bitcoin than 90% of the pundits, who are spewing wild predictions left and right.