Investors
Synthetix network
01
Introduction
Bitcoin is an innovative payment network and a new kind of money.
02
Investment rationale
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. Bitcoin propose a solution to the double-spending problem using a peer-to-peer network.
03
Price development
Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s first significant price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.09.
Synthetix Network Chart
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