With bitcoin’s continued increase in price and popularity, the asset’s mass adoption has skyrocketed in recent months. Apart from notable names purchasing BTC as a store of value, numerous large and small companies introduced bitcoin payments for their products as an alternative to fiat money.
Bitcoin has had a wildly compelling year as institutional investors, banks, and fund managers continue to back up the cryptocurrency in any shape or form.
But way before it became a store of value for some, it was intended to serve as an electronic peer-to-peer cash system. That narrative has been questioned in time as many averted from using BTC as a form of payment.
