The bitcoin price has soared to around $60,000 per bitcoin, up from just under $10,000 this time last year.
Now, as inflation fears swirl, legendary investor Stanley Druckenmiller has warned “the most radical” Fed policy in recent history risks destabilizing the U.S.
“The quality of the competition that’s going to come against the incumbents in this space is going to be brutal.
The ethereum price has far outpaced bitcoin in recent weeks, with ethereum doubling over the last month as the bitcoin price treads water.
I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself.