The Emperor's new Currency

Its nearing the end of 2017 and the digital gold rush seems to be in full swing. Unless you’ve been living under a rock for last 8 years, then the rocketing price of bitcoin (and bitcoin technology itself) would most certainly have caught your attention at the least. Bitcoin is indeed interesting in many regards, its not entirely novel as a few years earlier in 1998 Nick Szabo had created something called “bit gold” which was a distributed digital cryptocurrency (potentially the first of its kind) .