From the Paul Weiss Law Firm — back from 2019: A whitepaper re: cryptocurrency
Excerpt:
The development and growth of cryptocurrencies and blockchain technology has implications for many industries, including finance, media, and healthcare. In a series of papers, we will discuss the variety of ways in which cryptocurrencies and blockchains are being used in different fields. This paper, the first in our series of three papers, discusses cryptocurrencies, including how they operate in conjunction with the blockchain and how Bitcoin, the first major cryptocurrency, compares to traditional, fiat currencies.
From DSC:
How might the development of cryptocurrencies integrate in with a next-gen learning platform? Would teams and/or individuals get paid via a cryptocurrency? Hmmm…more learning to do.
It’s interesting to note what Bitcoin (BTC-USD) was trading at in 2017, 2018, and 2019 versus today:
- In 2017 alone, Bitcoin’s price rose from $973 in January to $5,856 in October, and skyrocketed towards $20,000 by year end.
- By February 2018, however, Bitcoin had fallen below $7,600.
- In June 2019, Bitcoin’s price rose to approximately $10,000.
Today:
Here’s what some of the other cryptocurrencies were trading at today:
