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Once relegated to the global financial system’s outermost fringes, cryptocurrencies such as Bitcoin and Ethereum have entered the mainstream consciousness in a dramatic and disruptive fashion. Many of us think of cryptocurrency as new. But the idea of creating a more open and accessible financial system, one with greater privacy and lower costs, dates back to the 1980s. Bitcoin was the first viable cryptocurrency, although there had been several previous attempts at designing more private ways to perform financial transactions. Initially, Bitcoin enthusiasts were a select group of early ...

How High Will Bitcoin Go? Upper Price Limit (According To Experts) Starry-eyed crypto bulls are quick to espouse the infinite potential of Bitcoin. But although “to the moon” is a very poignant motto, it is not precisely quantifiable. In that, we have part of our answer. One of the biggest reasons “to the moon” has taken off as the premiere answer to ‘how high could Bitcoin grow?’ is because the honest answer is tough to quantify. The potential maximum value of Bitcoin has little to do with Bitcoin itself and everything to do with how the world adopts it. There is essentially cons...

Cryptocurrency now uses nearly as much electricity as Argentina but analysts claim technology will soon be mostly powered by renewable energy

By Makkie Maclang, CoinGeek Bitcoin will forever be remembered throughout history as the pioneer in digital currencies. Before Ethereum, Litecoin, Binance Coin, Cardano and Tether came into existence, there was Bitcoin. It has been more than a decade since the Bitcoin white paper, entitled ‘Bitcoin: A Peer-to-Peer Electronic Cash System,’ was published on Oct. 31, 2008 under the pseudonym Satoshi Nakamoto. However, it only reached mass consciousness in 2017 when its value skyrocketed to $20,000. Bitcoin is a triadic term that denotes a digital coin, a set-in-stone protocol and a public bl...

Image Credit: Viktoriia Hnatiuk/Shutterstock.com Bitcoin and non-fungible tokens (NFTs) are the digital equivalents of cash and collectibles. Their value has recently risen dramatically, but the electricity needed to mine them is more than is used by entire countries and results in huge volumes of carbon emissions. At a time when many countries are targeting zero emissions, bitcoin and NFTs represent a real threat to the environment. What’s Bitcoin? Bitcoin is a cryptocurrency, a decentralized digital currency that bypasses a central bank, and can be sent from user to user on the peer-to-...