BITCOIN
The bitcoin craze continues. As of today, bitcoin is valued at almost $10,000. This is up from about $800 at the beginning of the year and $20 in 2013. There are many of people who believe this is a great investment, others who think it is a massive speculative bubble, and more who have no idea what the deal is with Bitcoin or blockchain. Last month a publicly traded biotech company decided to change its name to include the word “blockchain” change their focus to “buying cryptocurrency and blockchain businesses”. That change alone caused the stock price to quintuple in a short time. While Bitcoin itself may or may not be in a speculative bubble, the technology it is built on, blockchain, is quite promising. Blockchain technology has wide implications and may turn out to be an integral piece of the technology revolution we have entered. Here is an interesting and non-technical TED Talk explaining How The Blockchain Will Radically Transform The Economy
