It's been 12 years since the first digital currency was created during the Global Financial Crisis. Since then, the price of Bitcoin has surged to dizzying heights, driven in part by true believers who think it's got a bright future, and speculators who have a "fear of missing out".
Graphics: Alistair Kroie
Explainer reporter: David Chau
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Graphics: Alistair Kroie
Explainer reporter: David Chau
For more from ABC News, click here: https://ab.co/2kd3ALi
You can watch more ABC News content ad-free on iview: https://ab.co/39iq2Xt
Subscribe to ABC News In-depth: https://www.youtube.com/c/abcnewsindepth
For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE
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