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The extreme appreciation of the digital currency seems unstoppable. Just two weeks ago it cost $ 20,000.
The “Bitcoin accepted here” sticker in front of a store indicates that you can pay with Bitcoins.
Photo: Christian Beutler (Keystone)
For the first time in its history, the value of Bitcoin exceeded the value of 30,000 US dollars. On Saturday afternoon, Bitcoin was temporarily trading for $ 31,502.77, as announced by financial news agency Bloomberg, citing data from various trading platforms.
It was only in mid-December that the value of Bitcoin passed the symbolic mark of US $ 20,000. When trading began in February 2009, the first decentralized cryptocurrency was only worth a few pennies. In the early years, the coin was developed far from the public eye. Bitcoin broke the $ 1,000 mark for the first time in 2013.
This year, the extreme increase in value began on October 21, the day the PayPal payment service opened to cryptocurrency trading and announced that it would also be possible to pay with digital money starting in 2021.
The idea behind the digital currency is a currency that exists independently of states, central banks, and monetary policy. Unlike traditional currencies, digital payment methods are not controlled from a central point and reservations do not have to be confirmed by a central point.
