Bitcoin hasn’t necessarily received the same level of hype in 2015, but according to a recent article in Vox, that might only be positively affecting its overall value. The underlying reasons for Bitcoin’s surge in value are unknown, but across the board, from price to frequency of transactions to the internationalisation of Bitcoin, there are signs of definite growth.

Licensed under CC - credit Flickr user: Antana
Licensed under CC – credit Flickr user: Antana

The article, written by Timothy B. Lee highlights a number of relevant factors. Already in 2015, $468 million has been invested by venture capitalists in Bitcoin-based startups. That’s a significant increase on the $368 million invested in 2014 and a dramatic rise from $95 million in 2013.

The volume of transactions on Bitcoin has also continued to increase. It neared 200,000 per day at one stage in 2015, it topped 100,000 per day for the first time this year and has generally hovered between 125,000 and 150,000. In 2014, 75,000 was far closer to the norm.

There are significant challenges for the currency, not least of all the debates about the currency’s “upper limit”. However, it’s dramatic success is a pretty good indication that alternative money and value can be created in the global economy, and that would seem significant for those interested in positively impacting the future global economy.

Source: Bitcoin’s value is surging. Here are 5 charts on the growing Bitcoin economy

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