I’d expect that it would take investors a long time to try to find assets that performed better than Bitcoin (CRYPTO: BTC) has. In the past decade, the world’s most valuable cryptocurrency has skyrocketed 121-fold. If you’d invested $1,000 10 years ago, you’d have a jaw-dropping $121,000 today.
Here’s why Bitcoin, even after its monumental performance in the past decade, is still the ultimate cryptocurrency to buy with $1,000 in August.
When the Bitcoin whitepaper was released in October 2008, it introduced a method for two parties to directly send money to each other digitally without the use of an intermediary. This just wasn’t possible before.
Source Fool.com