Can Bitcoin be a real currency?

The value of cryptocurrencies has skyrocketed by almost 500% in just the past year. And, bitcoin is leading the race as the most valuable digital currency in the market today. It made headlines in March after its price hit a record high of $61,000. In 2020, bitcoin outperformed nearly all asset classes to become the most valuable financial instrument.

That has convinced many people that bitcoin could be the future currency. However, others are still skeptical that bitcoin has certain qualities that weaken its position as real money. The following article explores bitcoin’s fundamental properties and how…

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