Bitcoin price has hit a new high of 1.75 million baht, up about 100% this year.

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Bitcoin is the world's most popular digital currency. Has hit a new high of $ 58,354 (1,748,694 baht), a record high. This week, the price has increased by 20% and in the two months it has grown significantly, until Friday, February 19, the market value has surpassed $ 1 trillion. And this year the price has increased about 100%.

Bitcoin's price increases this month was due to a boost and acceptance from leading and state companies such as Tesla, Mastercard,  SLOT    BNY Mellon, the oldest bank in the US, Miami, the opening of a fund. trust developed Jack Dorsey and Jay Z's Bitcoin, as well as linking the Bitpay Card to Apple Wallet, Apple Pay to support Bitcoin payments, and MicroStrategy. It announced a second round of funding to buy more Bitcoin.

On Thursday, Elon Musk revealed that buying bitcoin is slightly better than holding cash. And reiterate that when fiat currency (state currency or cash) has a negative real interest rate, that is, the interest rate is lower than the inflation rate, it means that your bank deposit has decreased in value. Only a fool does not look elsewhere. (Hinted to buy Bitcoin) Then, on Saturday, February 20, Bitcoin's price jumped to $ 56,620 ($ 1,697,326).

After Bitcoin and Ethereum skyrocketed Saturday, Elon Musk revealed that Bitcoin and Ethereum seemed high, in response to a Peter Schiff tweet saying he agreed with Musk saying that Bitcoin is as ridiculous as real money, he just thought Bitcoin was. A more absurd digital statement than paper money issued by a central bank. But gold is not in vain It's real money, and it's better than both.

Musk responded to Schiff that money is just information that helps us avoid the inconvenience of exchanging that information (money) based on latency and errors like all data. The system will evolve into something that already reduces both limits, Musk added, adding that Bitcoin and Ethereum seem high.

It can be interpreted that cryptocurrencies Bitcoin and Ethereum are less data-prone and error-prone than real money. Because they can be transferred without having to go through the bank Can't be counterfeited Anonymously Low fees And safe without fear of being robbed