Bitcoin Basics

There's no better time to master the understanding of the value of a non traditional digital currency that is quickly becoming a norm worldwide. We are experiencing one of the most financially debilitating, emotionally draining, and deadliest times in recent history. The Covid-19 virus completely paralyzed countries worldwide, and we have seen the Bitcoin soar and pass historical highs. Bitcoin has officially passed and broken thru the valuation of $56,000 Dollars as of February 19th, 2021. 

Initially when Bitcoin crossed the $20,000 mark, the naysayers were chanting it will crash now, rebutting the forecasting of Crypto experts. Crypto currency experts had projected using skilled analytical analysis that Bitcoin will surpass $56,000 Dollars! 

I have also staunchly supported it on many cryptocurrency related conference calls and keynote speeches that the Bitcoin will hit $100,000 Dollars yet there are naysayers that sEll believe that will never happen...guess we will find out! 

The question to ask, and it's an important one: Who is accepting bitcoins in 2021 as a legitimate payment method? Below is a list of the major companies that have started accepting bitcoins as a form of payment, Tesla's owner Elon Musk has purchased over 1.5 Billion bitcoins and has announced that Tesla will accept Bitcoins as a payment method for all of their products.