Business

Bitcoin Surges to $1000 & Outperforms Gold

Bitcoin is the worlds best performing currency.

as the viability of Bitcoin increases and it’s surging stock prices, the US government concerned that terrorists could develop a similar virtual currency. And as such is being monitored by them. At the close of 2016 Bitcoin was valued at $1000, the highest in 3 years. It is estimated the crypto-currency’s total worth is now above a record $16bn.

The currency is used to move money across the globe quickly and anonymously and is free of control from any central bank or government, making it attractive to those who want to get around capital controls.

Bitcoin is the worlds best performing currency.

Bitcoin Surges to Outperform Gold, Stocks. Bloomberg

Bitcoin digital currency hits three-year high of $1000. BBC

Bitcoin tops $1,000 for first time in three years as 2017 trading begins. The Guardian

Bitcoin is being monitored by an increasingly wary US government. The Independent.

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