Widespread interest in digital currencies surged in the wake of the bitcoin rally during 2017. However, it is difficult to disentangle interest in bitcoin from interest in the underlying blockchain technology, without which digital currencies do not work.
Bitcoin and digital currencies are the latest hot thing to invest in – and many fear they might have already missed the party. Opponents of the recent rally in bitcoin point at the several asset price bubbles experienced over past centuries.
‘How to buy bitcoin?’ was one of the most googled questions of 2017. This does not come as a surprise considering the growth trend experienced by the cryptocurrency.
Digital currencies, or cryptocurrencies, were one of the hottest topics of 2017, and are likely to continue being the focus of attention in 2018 as well. The most widely known and largest one is of course bitcoin, which currently has a market capitalisation of USD 234.4 billion.