The entire world is now paying attention to Bitcoin after the cryptocurrency grew in value over five times in 2020 alone.
But, as positive as 2020 was for Bitcoin, 2021 may usher in a new era of possibility and value for Bitcoin. The new Stacks blockchain, which you may recognize as Blockstack, will bring smart contracts, decentralized apps, and DeFi to the top cryptocurrency for the first time; Here’s what that means for Bitcoin and why the Stacks 2.0 launch could be monumental for the entire crypto industry.
Bitcoin in 2021: Becoming More Than Digital Gold
The digital gold narrative of 2020 has propelled Bitcoin price to well over $30,000, making its former all-time high of $20,000 seem like a distant memory.
The explosive rally caps off what was a challenging year for all. No asset has performed this well amidst the economic uncertainty as BTC has. Even gold, the original safe-haven asset, set a new price record