Bitcoin just won’t go away. The original cryptocurrency again had commentators eating their words in 2020 -- yours truly included. It’s now time to accept it’s here to stay.
Like Monty Python’s Black Knight, Bitcoin believers treat near-fatal volatility as mere flesh wounds. Drops of 80% are welcomed as fortuitous buying opportunities. But far from being a weakness, this is evidence of the asset class’ longevity. The cryptocurrency rallied 224% this year, bringing to mind the wild advances of 2017 as it soared to record highs.
