The way I read the current events around bitcoin are as follows.
People paniced in March because of the Corona virus, and sold their bitcoin, the value lowers.
In December people got their end of the year (Christmas) bonus and bought bitcoin, the value rises.
There are some signs digital payment services are interested in bitcoin. But how can a volatile currency be a stable payment method?
Nobody is paying in gold either.
I think there is little value and the value is do to peoples reaction to buy and sell.
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