Bitcoin 'Boom' reaches a new recordBy Elliot Bullman
The digital currency reached another record last Friday. The speculative frenzy has helped the currency´s value triple this year.
If you are a fan of Friedrich Nietzsche or Kelly Clarkson, the famous saying "what does not kill you makes you stronger" certainly applies to bitcoin.
The digital currency reached another record this Friday after enduring a split last week that threatened to jeopardize its growing acceptance as an alternative medium of exchange and its legitimacy as an asset.
The speculative frenzy that has helped it more than triple this year, to $ 3,560.55 has almost made it a household name, linking the cryptonet to everything from Game of Thrones to the price of avocados.
And it is true that the digital currency has already become so common, that even the film industry and TV has been involved in some way. Hackers have requested payment in bitcoins for the rescue of material subtracted from successful series like Orange Is the New Black.
While hotly debated whether bitcoin is just a bubble, the currency has risen more than 25 percent in the last week. That led to another heated debate over whether it will eventually reach $ 5,000 and investors are reflecting on a lesser-known quote from the nineteenth-century German philosopher: "There are no facts, only interpretations."
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