Too Long; Didn't Read
Bitcoin changed the financial world when it was introduced in 2009 as the first cryptocoin to be developed. In 2013, Bitcoin entered a bull market and the price soared from $50 to $1,160 but since then it has experience volatile fluctuations. Many people still don't understand these digital currencies, simply associating them with drugs or as a way to launder money. AT&T has started using BitPay to accept cryptocurrencies from their customers to pay their bills. Facebook has a hearing July 16th, with the Banking Committee of the United States Senate to discuss the future of their own digital currency.