Bitcoin (BTC), the cryptocurrency that started it all was released in 2009 as open-source software by a person or group of people using the name Satoshi Nakamoto. The idea was to create a peer-to-peer electronic currency that didn’t rely on any central authority or intermediary for validating the exchange of money.
Through the years, Bitcoin has been dismissed by many prominent leaders and many organizations among them is banks and some financial institutions etc.
It has been called a “scam,” “a ponzi scheme,” “terrorists’ money,” and “a speculative bubble.”
Popular digital media — including Facebook, Google, Twitter, Snapchat, LinkedIn, MailChimp, and Bing — have set restrictions on its advertisements on their platforms. Governments of several countries have issued blanket bans on all things Bitcoin and cryptocurrencies.
According to a certain website that keeps track, Bitcoin has been declared dead 336 times till now.
Yet, through it all, Bitcoin has survived and is gathering more attention than ever. With these in mind, i think Bitcoin has performed very well. What do you think?