Cryptocurrency (Bitcoin) — should you buy?

Satish Balakrishnan
2 min readSep 28, 2021

What is the fastest way to double your money (or halve it)?

In the last 6–7 years, the answer to this question has been cryptocurrency or to some Bitcoin. There is a true story where a guy paid for couple of Pizzas using 10,000 bitcoins way back in 2011. It was worth $41 according to the reports and that puts bitcoin’s price at $0.004 (banging your head?). The guy who paid for the Pizza would have been richer by $500 Million had he not.

IN 2011 itself, the price of bitcoin rose up to $32 and then fell to $2. Even in 2013 Bitcoin…

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Satish Balakrishnan

I am a cloud and DevOps architect with keen interest in HealthTech/MedTech and Startups