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The Historical Significance and Key Features of Cryptocurrencies
The advent of digital currencies, popularly known as cryptocurrencies, marked a significant turning point in the history of human economic activities. It all began with Bitcoin (BTC), the pioneer of cryptocurrencies, created by an anonymous person or group of individuals using the pseudonym Satoshi Nakamoto in 2009. However, this article will not delve into the specifics of certain cryptocurrencies like BTC but rather explore the broader landscape of the crypto industry.
ESSENTIAL STARTING POINT: The arrival of Bitcoin
Bitcoin is considered the mother of all cryptocurrencies because it introduced a groundbreaking technological innovation – the blockchain. A blockchain is a distributed digital ledger that records transaction data across a network of computers. The decentralised nature of this technology means that no single party controls the data, and everyone participating in the network validates transactions. This shift away from centralised financial systems represented a paradigm change in the way money is transacted, paving the way for a world independent of central banks and governments.
The Rise of Cryptocurrencies
Since Bitcoin's arrival, the world has seen an explosion of digital currencies. As of 2021, there are more than 4000 cryptocurrencies available for trading on various blockchain networks. These digital currencies, like other forms of assets and commodities, derive their value from the principles of supply and demand. They are used for a range of purposes: some as a digital currency to be transacted, others, like utility tokens, are used for specific functions within a given blockchain ecosystem.
Key Features of Cryptocurrencies
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Decentralization: Cryptocurrencies are decentralized by nature – no central authority governs or influences them. This feature ensures security, privacy, and freedom from institutional manipulation.
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Secure Transactions: Cryptocurrencies leverage cryptographic techniques to secure transactions and control the creation of new units. This security measure ensures integrity and authenticity while minimizing fraud.
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Transparency: Every transaction on a blockchain network is visible to all network participants while maintaining the privacy of the transacting parties. This transparency fosters trust and accountability within the network.
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Ease of Use: Cryptocurrencies can be sent and received easily anywhere around the globe, allowing fast and low-cost international transactions.
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Limited Supply: Most cryptocurrencies have a maximum supply limit. For instance, Bitcoin has a limit of 21 million coins. This feature mimics the scarcity property of valuable commodities like gold, potentially driving their value.
Cryptocurrency and The Future
There are mixed views regarding the future adoption and acceptance of cryptocurrencies. Enthusiasts see a future where cryptocurrencies will substitute traditional fiat currencies and reshape financial systems worldwide. However, skeptics cite challenges, including regulatory issues, scalability, and volatility, as significant obstacles to mass adoption.
In conclusion, cryptocurrencies, while still in their developmental stage and facing numerous challenges, offer a powerful alternative to traditional banking and monetary systems. As the technology underpinning cryptocurrencies — namely, blockchain — continue to evolve, so too will the potential applications and value of these digital assets.
beFITTER price prediction
How are institutions and celebrities predicting Bitcoin prices in 2026?
The table below shows the price predictions for Bitcoin by relevant institutions and prominent figures at the end of 2025. All information was collected from publicly available online sources.
Optimistic views are primarily based on the Federal Reserve's interest rate cuts, increased institutional allocation, and structural buying driven by spot ETFs, with targets mostly concentrated between $150,000 and $250,000. Cautious and bearish views emphasize that slowing demand, macroeconomic tightening, or technical structural disruption could trigger a deep pullback, with scenarios potentially leading to declines to $70,000, $56,000, $25,000, or even $10,000.
Some of these institutions' and celebrities' past predictions were very close to Bitcoin's price performance, while others were quite far off. Therefore, please consider these predictions objectively in conjunction with more information.
In summary, Bitcoin's price performance in 2026 will primarily be driven by the implementation of the US National Bitcoin Strategic Reserve policy and the macro liquidity resulting from global monetary easing. Meanwhile, the market's cyclical recovery demand following the significant correction in 2025, the continued allocation of institutional funds, and global geopolitical and inflationary pressures will also be key variables influencing its price trend.
| Institutions and Celebrities | Introductions | Bitcoin target price in 2026 | Attitude |
|---|---|---|---|
| Charles Hoskinson | Cardano founder | $250,000 | Very optimistic |
| Robert Kiyosaki | Rich Dad, Poor Dad author | $250,000 | Very optimistic |
| Galaxy Digital | Crypto asset management company | $250,000 | Very optimistic |
| Arthur Hayes | BitMEX co-founder | $200,000+ | Very optimistic |
| Brad Garlinghouse | Ripple CEO | $180,000 | Very optimistic |
| VanEck | Investment companies specializing in ETFs | $180,000 | Very optimistic |
| JPMorgan | A leading global financial services group | $170,000 | Very optimistic |
| Tom Lee | Fundstrat founder | $150,000–$200,000 | Very optimistic |
| Standard Chartered Bank | British International Commercial Bank | $150,000 | Optimistic |
| Bernstein Research | Wall Street investment banks | $150,000 | Optimistic |
| Bitwise | Crypto asset management company | $150,000 | Optimistic |
| Citigroup | Global financial services group | $143,000 | Optimistic |
| Grayscale | The world's largest crypto asset management company | Breaking all-time high | Optimistic |
| Jurrien Timmer | Fidelity Director of Global Macro | $75,000 | Pessimistic |
| CryptoQuant | On-chain data analytics platform | $56,000~$70,000 | Pessimistic |
| Peter Brandt | Legendary trader with over 40 years of experience | $25,000 | Very Pessimistic |
| Mike McGlone | Senior Commodity Strategist at Bloomberg Intelligence | $10,000 | Very Pessimistic |
What will the price of FIU be in 2027?
In 2027, based on a +5% annual growth rate forecast, the price of beFITTER(FIU) is expected to reach $0.00; based on the predicted price for this year, the cumulative return on investment of investing and holding beFITTER until the end of 2027 will reach +5%. For more details, check out the beFITTER price predictions for 2026, 2027, 2030-2050.What will the price of FIU be in 2030?
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