The Bitcoin space hasn’t looked this bullish since early 2014. Riding on the coattails of the current hype around blockchain technology engulfing the financial sector, Bitcoin is not only reaching yearly highs in price, but public interest has also spiked as of late. But is news of “the real Satoshi” the only reason for the resurgence or are we entering the next phase of technology adoption?
Also read: 5 Reasons Why the Bitcoin Price Will Rise in 2016
A Bitcoin Renaissance?
Last year, the pendulum of interest swung towards Bitcoin’s underlying technology as 2015 was dubbed the “Year of the Blockchain.” Banking giants formed consortiums and research groups to study the technology as the term became a buzzword synonymous with financial innovation.
Wall St. veteran Tone Vays, who attended the recent Consensus event in New York, confirmed as much. “The overall sentiment was pretty high but is was clear that the focus of the tech has fully shifted to blockchain,” he told Bitcoin.com. “There were almost no discussions of Bitcoin itself. This is a bit unfortunate as there are a few people that see Bitcoin as being the only blockchain of relevance and those presenters were few