BizBeat Ep. 10: Will you invest in Bitcoin when it’s $40,000 a piece?

CGTN published this video item, entitled “BizBeat Ep. 10: Will you invest in Bitcoin when it’s $40,000 a piece?” – below is their description.

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https://www.cgtn.com/video

Bitcoin is getting interesting. The recent price surge of the cryptocurrency to over $40,000 a unit is once again hitting the headlines. As CGTN Global Business anchor observes, Bitcoin technology will always be there as part of block chain, and it will have applications for years to come. But for everyone that jumps on its bandwagon, buckle up for a roller coaster ride.

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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