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Why bitcoins became popular?

Junrose123

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#1
I am curious to know on why bitcoins became popular nowadays since before it was very silent and then in an instant it booms. What are your thoughts about it?
 

ahmedo24

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Bitcoin which started around 2009 by Satoshi Nakomoto, it was worth around $0.3 /bitcoin in 2011 but it became very popular in 2017 because it had a very speedy rise in 2017 when prices started at $998 and rose to 17 December when bitcoin's price reached an all-time high of $19,666.
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Bitcoin which started around 2009 by Satoshi Nakomoto, it was worth around $0.3 /bitcoin in 2011 but it became very popular in 2017 because it had a very speedy rise in 2017 when prices started at $998 and rose to 17 December when bitcoin's price reached an all-time high of $19,666.
 

johnywalker

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#3
Bitcoins became popular because it gives financial freedom and allows anyone to manufacture money. Another reasons for bitcoin becoming popular is because of the transaction speed. You can transfer a large amount of money with almost the speed of light, without depending on third party service like paypal or bank.
 

chameli

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#4
Bitcoins became popular for a couple of reasons.
You can remain anonymous.
There is no third party involvement in the transaction.
The transaction can be performed very fast
It can be mined and wealth created.
 
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