Up until 2021, cryptocurrency seemed to be a niche, obscure internet fad that was either associated with computer geeks, the dark web or get-rich-quick schemes.
We’ve all heard of that one person who put twenty quid on Bitcoin and turned around thousands, or of the Newport local who accidentally binned £230m of Bitcoin in mid-2013.
This year though, there have been some quiet rumblings in the cryptosphere which suggest this once-small corner of the internet is slowly growing into something that is quite – forgive me, crypto-lovers – mainstream.
Read more: Elon Musk says Tesla will stop accepting Bitcoin as payment due to environmental concerns
What rumblings?
To kick things off, in late 2020, Swansea City partnered up with its first cryptocurrency partner, Mercuyro.io.
It’s the first partnership of its kind, and it’s a strikingly different partnership to the corporate hardliners of the past, such as Lucozade or Carling.
Fast forward to 2021 and a bigger rumbling could be heard: Britcoin. (Yes, like Bitcoin, but British.)
In April, 2021, Rishi Sunak ordered the Bank of England…
