Sunday, December 20, 2020

Bitcoin is a daydream when things go poorly in the world of finance. Even it's creator is a mystery.

December 17. 2020
By Ben Winck

Bitcoin (click here) was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper.

Bitcoin (click here) climbed to an all-time high on Thursday as the cryptocurrency's extraordinary 2020 momentum continued through the end of the year.

The world's most popular cryptocurrency leaped to a 24-hour high of $23,770.85 on Thursday, marking a 20% gain over the past day. The climb comes just one day after bitcoin topped $20,000 for the first time, and brings the token's year-t0-date gains above 200%.

Bitcoin advocates have cited the adoption of cryptocurrencies among institutional investors and financial-services companies as a major boon for the token this year. Investing giants including Paul Tudor Jones and Mike Novogratz praised the cryptocurrency earlier this year and forecasted bigger gains to come. The token's rally accelerated in October after PayPal announced it would allow users to buy, sell, and hold cryptocurrencies....