Is Bitcoin a Bubble? Where is the Worth of Bitcoin?

Bitcoin is the premier cryptocurrency of the world. It was launched back in 2010 and since then it has seen insane increase in worth and price due to the distributed consensus-based approach the bitcoin network uses, biggest blockchain database, safe transactions and no external influence. Now many people who aren’t familiar with the bitcoin raise some issues with the cryptocurrency. They believe that fiat currencies have value because they have something at the back end like gold reserves, national resources, labor, foreign policy and even military to uphold the currency.…

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