A Google search for "Bitcoin tipping point" returns
165,000 results dating as far back as 2013. That's a lot
of talk. But now, four years on, there are compelling reasons
to think that we're getting closer to that tipping point
– and to think that the decision last year by Jersey's
regulators and politicians to create a "regulatory
sandbox" for crypto-currencies was the right one.
Last month the price of Bitcoin made headlines for hitting a
three-year high, bypassing the $1,120-mark, before quickly dropping
away again. That price is still some way short of the $1,216 record
set four years ago, but given the Brexit referendum result and the
result of the US presidential election, Bitcoin is far from the
only currency to be affected by uncertainty.
