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.
Has Bitcoin Gone Mainstream? Four Signs Prices Could Continue To Climb
There have been great growing pains in the cryptocurrency sector, but there are a number of signs that these could be leading to great growth and greater consumer acceptance in the future.
Study: Bitcoin Investors and Speculators Maintained Their Positions Over Summer
A recent study from Chainalysis shows that the BTC market has become more stable and less susceptible to hype over the summer.
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