Bitcoin transactions have increased despite bear market

Chris Dannen

By Chris Dannen

Why do some free and open source software projects succeed when others fail? Because they are simple, resource-lean, and run-anywhere; they have the properties of a computer virus. Built in that mold, Bitcoin continues to see transaction growth despite the pause in price appreciation, even outdoing the Venezeulan stock market for daily volume. Yes, we've been hitting the Venezuelan success story repeatedly of late, but for good reason: it drives home the truth that currency and capital markets are technologies of civilization, not mere gaming venues, and their design must be taken seriously.

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