Summary
Bitcoin’s value has significantly increased since its launch in 2008, despite not keeping up with inflation. It first hit parity with the U.S. dollar in 2011 and has been increasing in value ever since.
Key Points
1. Bitcoin has come a long way since its inception in 2008, with its value increasing significantly over the years.
2. Despite being a volatile asset, Bitcoin has shown steady growth and has gained value consistently since it first hit parity with the U.S. dollar in 2011.
3. The fact that Bitcoin hasn’t kept up with inflation since its last all-time high should not overshadow the significant progress it has made in terms of value and adoption.