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12-06-2017, 06:55 AM
This was Bitcoin's big year, but where does it go from here?
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Sizing up Bitcoin (http://mashable.com/category/bitcoin/) is a tall order. Even as the price of one bitcoin soared above $10,000, a debate raged over what, exactly, Bitcoin is: A digital store of value, a revolutionary payment platform, or the promise of a completely new, blockchain-based financial system.*
The truth is that Bitcoin is all of those things, but whether it'll succeed as all three — or any of them — remains to be seen.*
SEE ALSO: Ladies and gentlemen, one bitcoin is now worth $10,000 (http://mashable.com/2017/11/28/bitcoin-10000/)
Bitcoin's price increased tenfold in 2017 and moved into the media mainstream. But for all the headlines and Bitcoin billionaires (http://mashable.com/2017/12/04/winklevoss-twins-bitcoin-billionaires/), the underlying technology mostly stood still. A significant (and highly controversial) upgrade of its software fell through (http://mashable.com/2017/11/08/bitcoin-segwit2x-called-off/). And the earlier, minor upgrade still isn't widely used yet (http://segwit.party/charts/).* Read more... (http://mashable.com/2017/12/05/bitcoin-2018/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (http://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sharing Economy (http://mashable.com/category/sharing-economy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) https://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1512526574 (https://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1512526574)
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Sizing up Bitcoin (http://mashable.com/category/bitcoin/) is a tall order. Even as the price of one bitcoin soared above $10,000, a debate raged over what, exactly, Bitcoin is: A digital store of value, a revolutionary payment platform, or the promise of a completely new, blockchain-based financial system.*
The truth is that Bitcoin is all of those things, but whether it'll succeed as all three — or any of them — remains to be seen.*
SEE ALSO: Ladies and gentlemen, one bitcoin is now worth $10,000 (http://mashable.com/2017/11/28/bitcoin-10000/)
Bitcoin's price increased tenfold in 2017 and moved into the media mainstream. But for all the headlines and Bitcoin billionaires (http://mashable.com/2017/12/04/winklevoss-twins-bitcoin-billionaires/), the underlying technology mostly stood still. A significant (and highly controversial) upgrade of its software fell through (http://mashable.com/2017/11/08/bitcoin-segwit2x-called-off/). And the earlier, minor upgrade still isn't widely used yet (http://segwit.party/charts/).* Read more... (http://mashable.com/2017/12/05/bitcoin-2018/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (http://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sharing Economy (http://mashable.com/category/sharing-economy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) https://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1512526574 (https://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1512526574)
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