Bitcoin price history 2009

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The legislation would classify stablecoin issuers as banks, requiring them to have the same oversight to protect consumers. This was driven in part by institutional investment. It was a perilously quick rise for Bitcoin that became self-sustaining. Bitcoin's price should continue to rise as long as it continues to grow in popularity and its supply cannot meet demand. However, in an increasingly digital world, in which the internet transcends boundaries that once divided people, a decentralized currency whose value is not tied to a particular government appears to fit with the march of technological and societal progress.