Bitcoin, the decentralized cryptocurrency notorious for its status as the currency of the dark web, seems to be shedding its shady past and is now enjoying soaring highs not seen since 2014. The highly volatile online commodity has now reached parity with gold amid speculation of a pending ETF approval from the FTC.

Created by the mysterious Satoshi Nakamoto, the cryptocurrency was meant as an alternative for fiat currency. Due to massive daily fluctuations of its value, bitcoin is rarely used for its intended purpose. Holding bitcoins for speculation is now the norm, with online gambling a… more

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