This is an example of where people are being short sighted when they focus on the price of Bitcoin the currency. Bitcoin with it's underlying encrypted blockchain technology is going to change everything in the financial sector and beyond. The two companies covered in this article know it, banks know it and last but not least World governments know it. This technology can never be uninvented and Bitcoin the protocol will inspire new, innovative companies that will command the future.
To: TsonicTsunami08
What backs its value? Without that, its potential $38 billion value could literally disappear over night.
2 posted on
01/20/2014 2:32:02 PM PST by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: TsonicTsunami08
3 posted on
01/20/2014 2:42:31 PM PST by
Stentor
To: TsonicTsunami08
Could Bitcoin Surpass Google’s $384 Billion Market Cap?”
I thought Bitcoin wasn’t a company.
To: TsonicTsunami08
The true winner is unknowable. Apparently, many crypto-currencies are possible. Which will win (which in my book means gaining wide-spread acceptance, stability, and avoiding outright government hostility? That remains to be seen, since the basic technology is in the public domain.
To: TsonicTsunami08
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