31 Jul '13, 10pm

Investors See Opportunities in Bitcoin's High-Risk Market: by @brianeha

Thompson Clark, an editor at financial intelligence company Agora Financial, outlined the reasons why Bitcoin could outlive the media hype. In times of global economic instability, precious metals and cryptocurrencies such as Bitcoin become more attractive as expressions of value that aren't subject to government manipulation. Fiat currency loses value over time due to inflation, whereas Bitcoin so far has been a deflationary currency, meaning that it gains in value over time despite fluctuations in its exchange rate. The limited supply of bitcoins -- there will never be more than 21 million in existence -- means that demand alone will determine its value.

Full article: http://www.entrepreneur.com/article/227644?hootPostID=230...

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