Hello! It’s Thursday. We have a Long Read for you.

🧐Deep Dive: “Cryptocurrency: The Future”

It’s 2024 and with Bitcoin reaching a record high $69,000.00, surpassing its $62,000.00 record in 2021, the crypto currency market is officially in its 4 year cycle bull run. Rich Dad Poor Dad’s Robert Kiyosaki predicted today that Bitcoin’s price will hit $300,000.00 by the end of 2024.

While 2023 saw a decrease in illicit activity in the crypto market, the increased activity expected this year could bring different results. Currently, there is 12.5x more demand for Bitcoin than what is being produced on a daily basis.

Blackrock’s recently approved Bitcoin ETF has solidified at least one cryptocurrency on the market. Meanwhile the second largest crypto currency, Ethereum is awaiting the approval of an Ethereum ETF.

Its quite clear that cryptocurrency is here to stay.

🪙What is Cryptocurrency?

The Bitcoin Whitepaper titled “Bitcoin- A Peer to Peer Electronic System” was published in 2008 by an anonymous individual or group known as Satoshi Nakamoto.