Bitcoin is nine years old and it experienced alot of problems than earl technologies have experienced. Di spite of having a lot of problem investors earned a lot of money . If you re a wallet provider or remittance company the investors can give a lot of money too.
The old exchanger are dead or dying and the next exchanges such as coinbase, takes both security and regulation seriously. Millions of dollars are spent on the security diagnosis.
Bitcoin is same as to the Internet 1992 to 1999-era Internet. This is still the short of bitcoin’s life. The base layer protocol is now stable Now engineers are building the second layer that makes bitcoin usable for average people and machine.During the introduction of the interment most of people feared much and others they didnt believ but now the Internet is stronger than an expected.
bitcoin remains volatile today, it’s certainly not the only volatile asset in the world. And before we lament a 10% drop in the price of a still new asset, consider that the stock market has experiencing 10% drops in similar time. most of the world news they concentrate on the bitcoin market share they do not thing on other side of the coin. What about oil? Or gold? Or coal? Even mature assets can experience price fluctuation.
Apart on experiencing those problem the trading volume in many countries is up.Example Argentina, Brasil, Indian also in Russia also the number of the bitcoin users are increasing Even the bitcoin experiencing tough periode this time but still remain the best valuable asset in the world.