And over the centuries, there have been other pretenders for gold's throne (salt, florins or ducats, anyone?) but none has survived. The latest potential competitor for gold may be bitcoin, the cryptocurrency created in 2009 as open-source software for a decentralized form of payment.
Crypto Market Adds $20 Billion in 30 Minutes as Bitcoin Price Spikes Above $7,400
The bitcoin price has surged 10 percent over the past 30 minutes, subsequent to experiencing a substantial spike in its volume.
Does The Russian Indictment Exonerate Bitcoin?
The indictment of 12 Russian cyber operatives goes to great detail in outlining the tools, techniques and tactics used to derail the Democratic Party and Hillary Clinton's presidential ambitions. The indictment also shows how the traceability of the bitcoin blockchain aided law enforcement.
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