Have you attempted to understand cryptocurrencies and found yourself out of depth with layers of new concepts? You\u2019re not alone. This article follows the cryptocurrency rabbit-hole to unravel the complexity that is now forming parts of the digital economy and creating a new source of liquidity, growth, and millionaires\/billionaires.To kick off, we detour from looking at the history of crypto since this is widely available, to examine the current trends in crypto.## Bitcoin (BTC)Originally, BTC the cryptocurrency with the highest market capitalization as at the time of this writing, was a digital currency that served primarily as a transactional token used to conduct business transactions over the dark Web due to how it provided anonymity to both parties exchanging value. This was the original use case, as it was beyond regulatory oversight and thus could be used to settle transactions that may attract scrutiny from governments. However, this use case seems to be evolving.In 2021, institutional investors appear to have caught on the hype of cryptocurrencies especially Bitcoin. The interest from institutional investors, appear to be different from using Bitcoin as a transactional token, but as an investment token, which when placed on a balance sheet can grow independently and generate future convertible cash reserves for the company. Tesla announced in Feb of 2021 that it was acquiring 1.3 by USD of bitcoin, the Central Bank of Kenya also made a similar announcement that highlighted its intentions to acquire BTC on its balance sheet as well, as an asset-class.These moves, along with the general perception of Bitcoin enthusiasts namely HODL (Hold On for Dear Life), imply a shift in sentiment for BTC from being a transactional token, to a growth\/investment token. The purest illustration of this is reflected in a story of a man who purchased 2 large Papa John\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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