The Crypto Bubble of 2017: What PNG can learn from it?
In 2017, something big was happening around the world. People were talking about a new kind of money. This money was not made of coins or paper. It was the digital money called Bitcoin and it lived on the internet.
Kepa Wagi, a young man from Mt. Hagen, heard about Bitcoin from a friend. He was 25 years old and wanted to make money to help his family.
One day, his friend showed him a phone app and said, “Kepa, this is Bitcoin. If you buy now, you can become rich!”
Kepa looked at the screen. He saw numbers going up, like: 1 Bitcoin = $5,000… then $6,000… then $10,000!
Kepa did not fully understand how Bitcoin worked. But he thought, “If I buy now, maybe I can sell later and make a profit.”
He called his cousin, Maya Mara,…
