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Al Jazeera

Business

Mersiha Gadzo

Governments and banks once mocked Bitcoin. Now they want in on it

Bitcoin Donald Trump Crypto Cynthia Lummis Al Jazeera Cryptocurrency United States International Monetary Fund Nayib Bukele Satoshi Nakamoto

A CoinFlip Bitcoin ATM is seen in a gas station in Pasadena, California [Mario Tama/Getty Images/AFP]

Bitcoin has proven to be one of the best-performing assets in modern history.

The value of the cryptocurrency has increased some 1,000 times over the past decade, far outpacing US stocks and real estate.

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