• Cryptocurrency

    Bitcoin: Is It a Bubble Waiting To Burst?

    Since its launch in 2009, there have been numerous predictions that bitcoin is a bubble waiting to burst. More than 10 years later, it has gone from strength to strength as the bubble is yet to come. Created by Satoshi Nakamoto (Remains anonymous to date) Bitcoin introduced us to the era of cryptocurrencies. These are currencies powered through blockchain and exist in a decentralized form. Satoshi envisioned a future where it would act as an alternative currency to traditional money. Through decentralization, Satoshi made it possible for Bitcoin to exist without any central control point. Progress Initially, the majority of analysts dismissed Satoshi’s idea as mere imaginations. Having an alternative…