A cryptocurrency is a digital currency that is created and managed through the use of frequently advanced encryption techniques such as crypto. The cryptocurrency made the leap from being an academic concept to a (virtual) reality with the creation of Bitcoin in 2009. While Bitcoin attracted a growing number of followers in the following years, it captured significant attention from investors and the media in April. 2013 when they cost a maximum of $ 266. per bitcoin after increasing 10 times in the previous two months. Bitcoin had a market value of over $ 2 billion at its peak, but a 50% drop shortly thereafter sparked furious debate over the future of cryptocurrencies in general and Bitcoin in particular. So will these alternative currencies eventually supplant specific currencies and become as ubiquitous as dollars and euros someday? Or are cryptocurrencies a fad that burns in no time? The answer is in Bitcoin.

















