• Bitcoin price chart 03.13.20
    Opinion

    Bitcoin democratized finance once, but it can’t grow like that again

    Cryptocurrency prices will rebound once the panic subsides, but they will never do what Bitcoin did at the bottom of the Great Recession in 2009

    Looking back on the 10th anniversary of the “Great Recession” New York Magazine put it this way: “The older folks hoovered up gold, which basically doubled in value in the four years after the crash. Younger folks dove into cryptocurrency.”

  • Bitcoin Birthday
    Bitcoin,  Innovators,  United States

    Happy 10th Birthday, Bitcoin.org!

    The site was officially registered a decade ago this past week

    The Great Recession took $70,000 from you. We now are coming up on the 10 year anniversary of the very bad day of September 15, 2008, when Lehman Brothers fell off a cliff and took the world’s economy down with it. But in the midst of this chaos, one intrepid tech-believer registered the domain bitcoin.org on August 18, 2008. Without the Great Recession, we still might have something called Bitcoin. However, what we did with it and how an entire half-billion dollar industry grew from that would mostly like have been entirely different.   The earliest days of Bitcoin dictated our present moment. It’s worth it to revisit some of…