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Wednesday, February 10, 2021

Bitcoin’s Blowing Up, and That’s Good News for Human Rights. Here’s Why [SingularityHub, 10 February 2021]

Title:
Bitcoin’s Blowing Up, and That’s Good News for Human Rights. Here’s Why 
 
Author:
Vanessa Bates Ramirez 

Published:
SingularityHub, 10 February 2021

From the article:
Bitcoin’s value reached an all-time high this week after Tesla announced it had bought $1.5 billion worth of the cryptocurrency. After its launch in early 2009, Bitcoin has gone through a lot of ups and downs. Some of its biggest price swings were in 2017 and 2018, when a steep rise followed by an 84 percent decline brought plenty of hype and headlines. After a quiet period, the last three months of 2020 saw yet another sharp rise as the currency’s value more than tripled—and it’s still climbing.