Facing one of the most drawn-out downturns in its brief history, bitcoin is nearing a fork in the road. The cryptocurrency will either rebound and finally enjoy long-term stability, or bitcoin's platform will leave the digital currency back at the fork and carry on evolving. From there, smoke swirls around the crystal ball.
In part one of this series, we explored how bitcoin emerged from the mind, or minds, of a mysterious entity and battled through numerous setbacks to break into the mainstream. It appears the peer-to-peer platform on which bitcoin rests is here to stay, though there is cause for concern about currency itself.
Image: Bitcoin is primed to move into the next stage of its life where it will either mature in the mainstream or tokenize other currencies. From there, its life may be in the hands of the country whose currency currently backs the cryptocurrency. (Photo : Jason Benjamin | Creative Commons)
