How far will the Bitcoin train go with the 2020 year-end holidays approaching?Image by ArtTower from PixabayIf you know any crypto enthusiasts or follow any on social media, you probably have already heard \u2014 but on Dec. 17. 2020 Bitcoin rallied more than 12% to break the $23,000 for the first time on record.The response among HODLers has been enthusiastic, to say the least.\u201cFinally, BTC is nearing its true value \u2014 and everyone who said I\u2019d wish I\u2019d bought BTC for $600 will be saying the same about BTC at $19,000,\u201d said Jillian Godsil, Blockchain Chair, Keynote, Journalist, Broadcaster, CEO, and Writer of recently published blockchain book \u201cPersons of Interest.\u201dWhat\u2019s driving the Bitcoin train?Bitcoin movements have been bolstered all year by institutional investors who view Bitcoin as a deflationary asset to hedge against global financial nastiness in 2021.Who called it first? If I had to guess, I would have said Tim Draper. He at least deserves the prize for making the frequently aggressive price predictions. But his Twitter account has a sticky post that links to his son Adam Draper\u2019s prognostication in 2013.Adam Draper reposted his first Bitcoin article from March 4, 2013.\u201cThe first time I heard about Bitcoin was actually from Brian Armstrong founder of Coinbase\u2026 As Brian explained the concept to me, it began to remind me of another trend that happened 15 years ago. Bitcoin, right now, reminds me of the times of Napster. Through Peer to Peer technology, Shawn Fanning and Sean Parker made the process of attaining music, simple and free\u2026 I feel this is happening with currency right now\u2026\u201dCoinbase has made recent news by taking a daring \u201cno comment\u201d position on all matters political. But in this case, they enthused about the rise of BTC by announcing their ICO, which I\u2019m sure they will\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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