Let’s talk all things bitcoin

In 2013, when a forum member made a typo in a post to announce – in all caps – that he was “hodling,” he had no idea that the term would go viral. And so, ‘hodl’ was born (meaning to hold on to rather than sell), along with many other phrases and urban slang that have since surfaced, thanks to the digital trend that is Bitcoin.

Today, there’s more to ‘a bit,’ ‘a wallet,’ a ‘key’ or ‘mining’ than there was a decade ago, and we’ve seamlessly added to our vernacular terms such as ‘crypto’ and ‘blockchain.’ The first ever decentralised currency and the best-known cryptocurrency currently in use, Bitcoin has inevitably brought change to how we perceive – and perhaps, make – investments. It has been described as an enigma, a craze, a new-age financial fad, and even been compared to the 17th-century ‘tulip mania’ economic crisis. It has put prudent investors in a dilemma, yet made unassuming teenagers millionaires overnight.

Although Bitcoin has been around since the year 2007, the…