Description

Bitcoin, the world’s first decentralized digital currency, has been making headlines recently as the news of collapse of some quite big banks is coming from US. My friend Amit Khemka has called this “the bitcoin moment,” comparing it to the demonetization of Indian currency in 2016, which led to the rise of mobile payment platform Paytm which can be described as “Paytm Moment”. But what makes this “the bitcoin moment,” and what does it mean for the future of finance? To understand why this moment is significant, we need to look at the history of bitcoin. Bitcoin was created in